Gold Prices Fall on Weak Global Demand
By Rediff Money Desk, New Delhi Nov 12, 2024 13:14
Gold futures declined in India due to weak global cues, with prices falling to Rs 75,069 per 10 grams. Global gold futures also decreased by 0.18 percent.
![Gold Prices Fall on Weak Global Demand](https://im.rediff.com/getahead/2023/oct/28gold1.jpg?fr=money)
Photograph: ANI Photo
New Delhi, Nov 12 (PTI) Gold prices on Tuesday declined Rs 282 to Rs 75,069 per 10 grams in futures trade amid weak global cues.
On the Multi Commodity Exchange, gold contracts for December delivery traded lower by Rs 282 or 0.37 per cent at Rs 75,069 per 10 grams in a business turnover of 10,582 lots.
Analysts attributed the fall in gold prices to weak global cues.
Globally, gold futures decreased by 0.18 per cent to USD 2,613.10 per ounce in New York.
On the Multi Commodity Exchange, gold contracts for December delivery traded lower by Rs 282 or 0.37 per cent at Rs 75,069 per 10 grams in a business turnover of 10,582 lots.
Analysts attributed the fall in gold prices to weak global cues.
Globally, gold futures decreased by 0.18 per cent to USD 2,613.10 per ounce in New York.
Source: PTI
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