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Gold Futures down a tad in early trade

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 Gold Futures down a tad in early trade
Gold Futures were down marginally as the US government shutdown weighed on sentiments in early trade.
 

Gold For October delivery was last trading lower by Rs 30,296, down Rs 129 on the MCX. Silver for October delivery was also trading marginally lower by Rs 122 at Rs 49,022.

In the international market gold had rallied marginally ahead of the US government shutdown. Gold has gained on Monday ahead of the shutdown.

Gold prices have continued to remain steady, following the completion of the Fed's Open Market Committee meet last month.

Dealers say that gold will continue to remain in a range as the metal lacks any triggers. The FOMC meet scheduled later this month in the US could be the next big trigger for gold.

GoodReturns.in

Read more about: gold futures gold
Story first published: Tuesday, October 1, 2013, 11:26 [IST]
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