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( As on 18/09/2019 13:37) Gold futures down 0.56% on low demand

Gold futures were trading lower during the noon trade in the domestic market on Wednesday due to profit-booking by participants on low demand.

Offloading of positions by participants to book profits influenced gold prices at futures trade here, analysts said.

At the MCX, gold futures for October 2019 contract is trading at Rs 37805.00 per 10 grams, down by 0.56 per cent, after opening at Rs 37946.00, against a previous close of Rs 38016.00. It touched the intra-day low of Rs 37781.00 (at 13:35hours).