December 4, 2023Business Desk

Gold futures fall on low demand

Gold price on Monday fell Rs 32 to Rs 63,080 per 10 grams in futures trade as speculators reduced their positions

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On the Multi Commodity Exchange, gold contracts for December delivery traded marginally lower by Rs 32 or 0.05 per cent at Rs 63,080 per 10 grams in a business turnover of 96 lots

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Analysts attributed the fall in gold prices to the trimming of positions by participants

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Globally, gold was trading 0.22 per cent lower at $2,085 per ounce in New York

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