Gold Futures Fall Rs 107 to Rs 85,917/10gm
Gold futures fell by Rs 107 to Rs 85,917 per 10 grams in futures trade on Friday, driven by weak global cues. Analysts attribute the fall to muted spot demand and lower gold futures prices in New York.
Photograph: ANI Photo
New Delhi, Feb 21 (PTI) Gold prices on Friday fell by Rs 107 to Rs 85,917 per 10 grams in futures trade amid muted spot demand.
On the Multi Commodity Exchange, gold contracts for April delivery traded lower by Rs 107 or 0.12 per cent at Rs 85,917 per 10 grams in a business turnover of 15,793 lots.
Analysts attributed the fall in gold prices to weak global cues.
Globally, gold futures decreased by 0.28 per cent to USD 2,930.66 per ounce in New York.
On the Multi Commodity Exchange, gold contracts for April delivery traded lower by Rs 107 or 0.12 per cent at Rs 85,917 per 10 grams in a business turnover of 15,793 lots.
Analysts attributed the fall in gold prices to weak global cues.
Globally, gold futures decreased by 0.28 per cent to USD 2,930.66 per ounce in New York.
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