NEW DELHI, Oct 11: Gold prices softened by 0.18 per cent to Rs 29,771 per 10 gram in futures trading as traders trimmed their bets amid weak global cues.
At Multi Commodity Exchange, gold for delivery in December declined by Rs 54 or 0.18 per cent to Rs 29,771 per ten gram in business turnover of 323 lots.
Analysts said cutting down of positions by participants, tracking a weak trend in global markets weighed on gold prices in futures trade here.
Meanwhile, gold fell 0.02 per cent to USD 1,287.10 an ounce in Singapore. (PTI)
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