Gold futures decline 0.18 per cent on global cues

New Delhi-India (Jan 22)   Tracking a weak global trend, gold prices declined by 0.18 per cent to Rs 29,187 per ten grams in futures trade today as speculators offloaded their positions.

At the Multi Commodity Exchange, gold for delivery in February declined by Rs 54, or 0.18 per cent, to Rs 29,187 per ten grams in a business turnover of 1,498 lots.

Similarly, the yellow metal for delivery in April traded lower by Rs 31, or 0.11 per cent, to Rs 28,615 per ten grams in 53 lots.  ..