Gold futures down 0.38% on global cues

NEW DELHI-INDIA (Oct 1) Gold prices declined by 0.38 per cent to Rs 29,760 per ten grams in futures trade on Tuesday as speculators trimmed their positions on weakening global trend.

At the Multi Commodity Exchange, gold for delivery in December fell by Rs 114, or 0.38 per cent, to Rs 29,760 per ten grams in business turnover of 1,472 lots.

Similarly, the yellow metal for delivery in October traded lower by Rs 101, or 0.33 per cent, to Rs 30,324 per ten grams in 355 lots.