Gold Futures Fall on Low Demand - Latest Prices
Jan 16, 2024 15:03
Gold prices declined on Tuesday due to reduced speculator positions and weak global cues. Learn about the latest gold futures prices and market trends.
New Delhi, Jan 16 (PTI) Gold prices on Tuesday declined Rs 104 to Rs 62,455 per 10 grams in futures trade as speculators reduced their positions.
On the Multi Commodity Exchange, gold contracts for February delivery traded lower by Rs 104 or 0.17 per cent at Rs 62,455 per 10 grams in a business turnover of 9,004 lots.
Analysts attributed the fall in gold prices to weak global cues.
Globally, gold was trading 0.02 per cent higher at USD 2,052.10 per ounce in New York.
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