Gold Futures Drop: Rs 1,310 Fall to Rs 53,299
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Gold futures decline Rs 1,310 to Rs 53,299 per 10 grams on MCX due to weak global cues and fall in spot demand. Check latest gold rates.
New Delhi, Apr 20 (PTI) Gold prices on Monday dropped Rs 1,310 to Rs 1,53,299 per 10 grams in futures trade amid a fall in spot demand.
On the Multi Commodity Exchange, gold contracts for the June delivery traded lower by Rs 1,310, or 0.85 per cent, at Rs 1,53,299 per 10 grams in a business turnover of 1,119 lots.
Analysts attributed the fall in gold prices to weak global cues.
Globally, gold futures declined by 0.87 per cent to USD 4,788.31 per ounce in New York.
On the Multi Commodity Exchange, gold contracts for the June delivery traded lower by Rs 1,310, or 0.85 per cent, at Rs 1,53,299 per 10 grams in a business turnover of 1,119 lots.
Analysts attributed the fall in gold prices to weak global cues.
Globally, gold futures declined by 0.87 per cent to USD 4,788.31 per ounce in New York.
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