Gold prices fell in India on Friday due to weak global cues, with February gold contracts on the Multi Commodity Exchange trading lower by Rs 101. Analysts attributed the decline to global market trends.
Photograph: ANI Photo
New Delhi, Dec 13 (PTI) Gold prices on Friday declined Rs 101 to Rs 77,868 per 10 grams in futures trade amid weak global cues.
On the Multi Commodity Exchange, gold contracts for February delivery traded lower by Rs 101 or 0.13 per cent at Rs 77,868 per 10 grams in a business turnover of 14,420 lots.
Analysts attributed the fall in gold prices to weak global cues.
Globally, gold futures increased by 0.23 per cent to USD 2,686.79 per ounce in New York.
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