Futures In Red Amid Weak Global Cues

Gold futures declined Rs282 to Rs75,069 per 10 grams in futures trade amid weak global cues. Silver futures fell Rs699 to Rs88,483 per kilogram as participants reduced their bets. On Multi Commodity Exchange (MCX), gold contracts for December delivery traded lower by Rs282 or 0.37 per cent at Rs75,069 per 10 grams in a business turnover of 10,582 lots. Analysts attributed the fall in gold prices to weak global cues. Globally, gold futures decreased by 0.18 per cent to $2,613.10 per ounce in New York.