Begin typing your search...
Gold futures fall on low demand
image for illustrative purpose
Gold prices on Thursday fell Rs156 to Rs63,522 per 10 grams in futures trade as speculators reduced their positions.
On the Multi Commodity Exchange, gold contracts for February delivery traded lower by Rs156 or 0.24 per cent at Rs63,522 per 10 grams in a business turnover of 16,286 lots. Analysts attributed the fall in gold prices to weak global cues. Globally, gold was trading 0.27 per cent lower at $2,087.50 per ounce in New York.
