Gold Futures Fall on Low Demand - PTI
By Rediff Money Desk, NEWDELHI Dec 15, 2023 14:28
Gold prices fell by Rs 24 to Rs 62,430 per 10 grams in futures trade on Friday, attributed to weak global cues and reduced speculator positions.
![Gold Futures Fall on Low Demand - PTI](https://im.rediff.com/money/2019/jan/30gold.jpg)
New Delhi, Dec 15 (PTI) Gold prices on Friday slipped by Rs 24 to Rs 62,430 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 24 or 0.04 per cent at Rs 62,430 per 10 grams in a business turnover of 15,063 lots.
Analysts attributed the fall in gold prices to weak global cues.
Globally, gold was trading 0.34 per cent lower at USD 2,051.80 per ounce in New York.
On the Multi Commodity Exchange, gold contracts for February delivery traded lower by Rs 24 or 0.04 per cent at Rs 62,430 per 10 grams in a business turnover of 15,063 lots.
Analysts attributed the fall in gold prices to weak global cues.
Globally, gold was trading 0.34 per cent lower at USD 2,051.80 per ounce in New York.
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