Gold futures slip to Rs 1,21,290/10g as US-China truce temper safe haven demand
New Delhi, Oct 31 (PTI) Gold prices fell by Rs 218 to Rs 1,21,290 per 10 grams on Friday in a volatile movement in futures trade, as investors assessed the impact of the Federal Reserve’s cautious stance on rate cuts and a temporary truce in US-China trade tensions. On the Multi Commodity Exchange (MCX), the yellow metal futures for December delivery declined by Rs 218, or 0.18 per cent, to Rs 1,21,290 per 10 grams in a business turnover of 13,223 lots. Similarly, silver futures for December delivery decreased by Rs 410, or 0.28 per cent to Rs 1,48,430 per