Gold
futures were trading low during the morning trade in the domestic market on
Friday as investors and speculators trimmed their positions in the precious
metal in the domestic markets tracking a weak trend overseas.
Further,
a weak trend in overseas markets, profit-booking by traders too influenced gold
prices at futures in the domestic markets.
At the
MCX, gold futures for October 2016 contract is trading at Rs 31,217 per 10
grams, downward by 0.37 %, after opening at Rs 31,242, against an earlier close
of Rs 31,332. It touched the intra-day low of Rs 31,215.
Read More- Yellow Metal Updates
