KOLKATA: Gold eased 0.9 per cent in the Indian futures market on Tuesday, largely in tandem with a weakening global trend.
Gold for June contract was trading at Rs 27,230 per 10 gm at mid-day on the Multi Commodities Exchange. The metal touched an intra-day high of Rs 27,525 per 10 gm and a low of Rs 27,229.
“Sellers are more active in the market now. The outlook is broadly negative. Going ahead Rs 26,800 per 10 gm will be the immediate support,” an analyst said.