December 13, 2023Press Trust Of India

Gold futures fall on low demand

Gold prices on Wednesday fell Rs 52 to Rs 61,129 per 10 grams in futures trade as speculators reduced their positions

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On the Multi Commodity Exchange, gold contracts for February delivery traded lower by Rs 52 or 0.08% at Rs 61,129 per 10 grams in a business turnover of 14,718 lots

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Analysts attributed the fall in gold prices to weak global cues

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Globally, gold was trading 0.04% higher at $1,993.90 per ounce in New York

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