Gold Futures Slip on Low Demand - PTI
Gold prices in India declined on Monday, driven by weak global cues and reduced speculator positions. Read more on the latest gold futures trends.
New Delhi, Jul 1 (PTI) Gold prices on Monday marginally declined Rs 12 to Rs 71,570 per 10 grams in futures trade as speculators reduced their positions.
On the Multi Commodity Exchange, gold contracts for August delivery traded marginally lower Rs 12 or 0.02 per cent at Rs 71,570 per 10 grams in a business turnover of 14,094 lots.
Analysts attributed the fall in gold prices to weak global cues.
Globally, gold was trading 0.21 per cent lower at USD 2,334.70 per ounce in New York.
On the Multi Commodity Exchange, gold contracts for August delivery traded marginally lower Rs 12 or 0.02 per cent at Rs 71,570 per 10 grams in a business turnover of 14,094 lots.
Analysts attributed the fall in gold prices to weak global cues.
Globally, gold was trading 0.21 per cent lower at USD 2,334.70 per ounce in New York.
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