Gold Futures Fall on Low Demand - PTI
By Rediff Money Desk, NEWDELHI Dec 11, 2023 14:59
Gold prices fell by Rs 95 to Rs 61,624 per 10 grams in futures trade on Monday as speculators reduced their positions. Analysts attribute the decline to weak global cues.
![Gold Futures Fall on Low Demand - PTI](https://im.rediff.com/money/2017/aug/11gold.jpg)
New Delhi, Dec 11 (PTI) Gold prices on Monday fell by Rs 95 to Rs 61,624 per 10 grams in futures trade as speculators reduced their positions.
On the Multi Commodity Exchange, gold contracts for February delivery traded lower by Rs 95 or 0.15 per cent at Rs 61,624 per 10 grams in a business turnover of 15,203 lots.
Analysts attributed the fall in gold prices to weak global cues. Globally, gold was trading 0.06 per cent lower at USD 2,013 per ounce in New York.
On the Multi Commodity Exchange, gold contracts for February delivery traded lower by Rs 95 or 0.15 per cent at Rs 61,624 per 10 grams in a business turnover of 15,203 lots.
Analysts attributed the fall in gold prices to weak global cues. Globally, gold was trading 0.06 per cent lower at USD 2,013 per ounce in New York.
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