Gold Futures Fall: Demand Muted in Trade
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Gold futures decline by Rs 67 to Rs 1,00,255 per 10 grams due to muted spot demand and weak global cues. October contracts affected.
Photograph: Heinz-Peter Bader/Reuters/Reuters
New Delhi, Aug 12 (PTI) Gold prices on Tuesday declined by Rs 67 to Rs 1,00,255 per 10 grams in futures trade amid muted spot demand.
On the Multi-Commodity Exchange, gold contracts for October delivery depreciated Rs 67 or 0.07 per cent to Rs 1,00,255 per 10 grams in a business turnover of 13,515 lots.
Analysts attributed the fall in yellow metal prices to weak global cues.
In the international markets, gold futures rose 0.33 per cent to USD 3,353.54 per ounce in New York.
On the Multi-Commodity Exchange, gold contracts for October delivery depreciated Rs 67 or 0.07 per cent to Rs 1,00,255 per 10 grams in a business turnover of 13,515 lots.
Analysts attributed the fall in yellow metal prices to weak global cues.
In the international markets, gold futures rose 0.33 per cent to USD 3,353.54 per ounce in New York.
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