Gold futures declined in noon trade on Thursday as positive manufacturing PMI from Germany and lower Spanish unemployment claims weighed on gold prices globally.
February 2013 gold futures at the MCX were trading down 0.17% at Rs 30,640 per 10 grams at 12.22 p.m. after hitting high of Rs 30,698. It opened at Rs 30,673.
February futures gold at COMEX were down USD 5.2 or 0.31% to USD 1681.5/t oz. Meanwhile, in the spot markets, gold up USD 3.74 or 0.22% to USD 1682.10/ t oz. at 12.32 pm.