Gold Futures Fall on Low Demand - PTI
By Rediff Money Desk, NEWDELHI Dec 13, 2023 14:03
Gold prices fell in India on Wednesday due to reduced speculator interest and weak global cues. Learn more about the gold market and its recent performance.
![Gold Futures Fall on Low Demand - PTI](https://im.rediff.com/money/2021/mar/31gold.jpg)
Photograph: Kind courtesy anomalnaya/Pixabay
New Delhi, Dec 13 (PTI) Gold prices on Wednesday fell Rs 52 to Rs 61,129 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 52 or 0.08 per cent at Rs 61,129 per 10 grams in a business turnover of 14,718 lots.
Analysts attributed the fall in gold prices to weak global cues.
Globally, gold was trading 0.04 per cent higher at USD 1,993.90 per ounce in New York.
On the Multi Commodity Exchange, gold contracts for February delivery traded lower by Rs 52 or 0.08 per cent at Rs 61,129 per 10 grams in a business turnover of 14,718 lots.
Analysts attributed the fall in gold prices to weak global cues.
Globally, gold was trading 0.04 per cent higher at USD 1,993.90 per ounce in New York.
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