Gold Futures Fall on Low Demand: Prices Drop to Rs 78,382
By Rediff Money Desk, New Delhi Nov 04, 2024 12:05
Gold futures prices in India declined on Monday due to weak global cues and low demand. The price of gold fell by Rs 485 to Rs 78,382 per 10 grams.
New Delhi, Nov 4 (PTI) Gold prices on Monday declined Rs 485 to Rs 78,382 per 10 grams in futures trade amid weak global cues.
On the Multi Commodity Exchange, gold contracts for December delivery traded lower by Rs 485 or 0.61 per cent at Rs 78,382 per 10 grams in a business turnover of 13,460 lots.
Analysts attributed the fall in gold prices to weak global cues.
Globally, gold futures decreased 0.08 per cent to USD 2,747 per ounce in New York.
On the Multi Commodity Exchange, gold contracts for December delivery traded lower by Rs 485 or 0.61 per cent at Rs 78,382 per 10 grams in a business turnover of 13,460 lots.
Analysts attributed the fall in gold prices to weak global cues.
Globally, gold futures decreased 0.08 per cent to USD 2,747 per ounce in New York.
Source: PTI
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