Gold Futures Decline on Low Demand - PTI
Feb 15, 2024 13:54
Gold prices fell in futures trade on Thursday, influenced by reduced speculator positions and weak global cues. Learn more about the latest gold market trends.
New Delhi, Feb 15 (PTI) Gold prices on Thursday declined Rs 58 to Rs 61,385 per 10 grams in futures trade as speculators reduced their positions.
On the Multi Commodity Exchange, gold contracts for April delivery traded lower Rs 58 or 0.09 per cent at Rs 61,385 per 10 grams in a business turnover of 13,762 lots.
Analysts attributed the fall in gold prices to weak global cues. Globally, gold was trading 0.04 per cent higher at USD 2,005.10 per ounce in New York.
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