Gold Futures Fall: Muted Demand Impacts Prices
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Gold futures decline by Rs 213 to Rs 99,222 per 10 grams on MCX due to muted spot demand and weak global cues. October delivery impacted.
New Delhi, Aug 22 (PTI) Gold prices on Friday declined by Rs 213 to Rs 99,222 per 10 grams in futures trade amid muted spot demand.
On the Multi-Commodity Exchange, gold contracts for October delivery depreciated Rs 213 or 0.21 per cent to Rs 99,222 per 10 grams in a business turnover of 13,588 lots.
Analysts attributed the fall in yellow metal prices to weak global cues.
In the international markets, gold futures fell 0.35 per cent to USD 3,327.17 per ounce in New York.
On the Multi-Commodity Exchange, gold contracts for October delivery depreciated Rs 213 or 0.21 per cent to Rs 99,222 per 10 grams in a business turnover of 13,588 lots.
Analysts attributed the fall in yellow metal prices to weak global cues.
In the international markets, gold futures fell 0.35 per cent to USD 3,327.17 per ounce in New York.
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