Gold prices fell on the Multi Commodity Exchange on Friday due to reduced speculation and weak global cues. Read more.
New Delhi, Mar 1 (PTI) Gold prices on Friday declined Rs 60 to Rs 62,507 per 10 grams in futures trade as speculators reduced their positions.
On the Multi Commodity Exchange, gold contracts for April delivery traded lower Rs 60 or 0.1 per cent at Rs 62,507 per 10 grams in a business turnover of 13,304 lots.
Analysts attributed the fall in gold prices to weak global cues.
Globally, gold was trading 0.10 per cent lower at USD 2,052.60 per ounce in New York.
DISCLAIMER - This article is from a syndicated feed. The original source is responsible for accuracy, views & content ownership. Views expressed may not reflect those of rediff.com India Limited.
© 2024 Rediff.com India Limited. All rights reserved. Disclaimer - Terms of Service - Privacy Policy - Feedback