Gold Futures Fall: Demand Muted, Prices Decline
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Gold futures decline by Rs 264 to Rs 1,00,940 per 10 grams on MCX due to muted demand and weak global cues. October delivery contracts affected.
New Delhi, Aug 5 (PTI) Gold prices on Tuesday declined by Rs 264 to Rs 1,00,940 per 10 grams in futures trade amid muted spot demand.
On the Multi-Commodity Exchange, gold contracts for October delivery depreciated Rs 264 or 0.26 per cent to Rs 1,00,940 per 10 grams in a business turnover of 14,861 lots.
Analysts attributed the fall in yellow metal prices to weak global cues.
In the international markets, gold futures fell 0.11 per cent to USD 3,369.98 per ounce in New York.
On the Multi-Commodity Exchange, gold contracts for October delivery depreciated Rs 264 or 0.26 per cent to Rs 1,00,940 per 10 grams in a business turnover of 14,861 lots.
Analysts attributed the fall in yellow metal prices to weak global cues.
In the international markets, gold futures fell 0.11 per cent to USD 3,369.98 per ounce in New York.
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