Gold prices fell in futures trade on Friday, driven by reduced speculator positions and weak global cues. Learn more about the latest gold market trends.
New Delhi, Feb 2 (PTI) Gold prices on Friday declined Rs 45 to Rs 62,920 per 10 grams in futures trade as speculators reduced their positions.
On the Multi Commodity Exchange, gold contracts for April delivery traded lower Rs 45 or 0.07 per cent at Rs 62,920 per 10 grams in a business turnover of 15,541 lots.
Analysts attributed the fall in gold prices to weak global cues.
Globally, gold was trading 0.13 per cent higher at USD 2,073.70 per ounce in New York.
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