Gold Futures Fall on Low Demand - MCX
Gold prices fell on the MCX on Friday due to profit booking and weak global cues. June contracts traded at Rs 72,660 per 10 grams. Read more.
New Delhi, Apr 19 (PTI) Gold prices on Friday declined Rs 23 to Rs 72,660 per 10 grams in futures trade on the Multi Commodity Exchange amid profit booking.
On the MCX, gold contracts for June delivery traded lower Rs 23 or 0.03 per cent at Rs 72,660 per 10 grams in a business turnover of 21,237 lots.
Analysts attributed the fall in gold prices to weak global cues and profit booking at higher level.
Globally, gold was trading 0.10 per cent higher at USD 2,400.30 per ounce in New York.
On the MCX, gold contracts for June delivery traded lower Rs 23 or 0.03 per cent at Rs 72,660 per 10 grams in a business turnover of 21,237 lots.
Analysts attributed the fall in gold prices to weak global cues and profit booking at higher level.
Globally, gold was trading 0.10 per cent higher at USD 2,400.30 per ounce in New York.
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