Gold prices in India fell on Tuesday due to weak global cues and reduced speculation. Read more about the gold futures market.
New Delhi, Dec 19 (PTI) Gold prices on Tuesday fell Rs 121 to Rs 62,170 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 121 or 0.19 per cent at Rs 62,170 per 10 grams in a business turnover of 14,771 lots.
Analysts attributed the fall in gold prices to weak global cues.
Globally, gold was trading 0.09 per cent lower at USD 2,038.60 per ounce in New York.
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