NEW DELHI, Feb 19: Gold prices moved down by 0.41 per cent to Rs 29,650 per 10 grams in futures trade today after participants offloaded partial positions on weak cues from the global market.
At the Multi Commodity Exchange, gold for delivery in far-month June declined by Rs 122, or 0.41 per cent, to Rs 29,650 per 10 grams in a business turnover of 15 lots.
Likewise, the metal for delivery in April shed Rs 112, or 0.37 per cent, to Rs 30,109 per 10 grams in 366 lots.
Market analysts said a weak trend in the overseas markets amid expectations that Federal Reserve minutes will show policy makers backing further stimulus cuts, mainly weighed on gold futures here.
Globally, gold fell 0.40 per cent to USD 1,316.91 an ounce in Singapore today. (AGENCIES)
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