Gold slips to Rs 37,734 per 10 gm on profit booking

Gold slips to Rs 37,734 per 10 gm on profit booking
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New Delhi: Gold futures traded lower by Rs 60 to Rs 37,734 per 10 gram on Friday due to profit-booking by participants on low demand.

Gold for delivery in October traded lower by Rs 60, or 0.16 percent, to Rs 37,734 per 10 gram in a business volume of 2,344 lots.

Analysts attributed the fall in gold futures to profit-booking by participants at the domestic market.

Globally, the yellow metal prices firmed up 0.30 percent to USD 1,510.70 an ounce in New York.