Gold Futures Decline on Low Demand & Weak Global Cues
By Rediff Money Desk, New Delhi Nov 07, 2024 13:42
Gold futures fell on Thursday due to weak global cues and low demand. Prices on the Multi Commodity Exchange decreased by Rs 23 to Rs 76,632 per 10 grams.
New Delhi, Nov 7 (PTI) Gold prices on Thursday declined Rs 23 to Rs 76,632 per 10 grams in futures trade amid weak global cues.
On the Multi Commodity Exchange, gold contracts for December delivery traded lower by Rs 23 or 0.03 per cent at Rs 76,632 per 10 grams in a business turnover of 10,871 lots.
Analysts attributed the fall in gold prices to weak global cues.
Globally, gold futures decreased by 0.10 per cent to USD 2,673.50 per ounce in New York.
On the Multi Commodity Exchange, gold contracts for December delivery traded lower by Rs 23 or 0.03 per cent at Rs 76,632 per 10 grams in a business turnover of 10,871 lots.
Analysts attributed the fall in gold prices to weak global cues.
Globally, gold futures decreased by 0.10 per cent to USD 2,673.50 per ounce in New York.
Source: PTI
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