Gold Futures Fall on Low Demand

Gold Futures Fall on Low Demand

New Delhi, Apr 4: Gold prices on Thursday declined Rs 99 to Rs 69,700 per 10 grams in futures trade as speculators reduced their positions.

On the Multi Commodity Exchange, gold contracts for June delivery traded lower Rs 99 or 0.14 per cent at Rs 69,700 per 10 grams in a business turnover of 24,408 lots.

Analysts attributed the fall in gold prices to weak global cues.

Globally, gold was trading 0.10 per cent lower at USD 2,312.70 per ounce in New York. (PTI)

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