Gold futures fall on low demand

On the Multi Commodity Exchange, gold contracts for February delivery traded lower by Rs 406 or 0.74 per cent at Rs 54,268 per 10 grams in a business turnover of 15,223 lots.

PTI

Published:15th Dec, 2022 at 1:32 PM

NEW DELHI: Gold prices on Thursday fell by Rs 406 to Rs 54,268 per 10 grams in futures trade as speculators reduced their positions.

On the Multi Commodity Exchange, gold contracts for February delivery traded lower by Rs 406 or 0.74 per cent at Rs 54,268 per 10 grams in a business turnover of 15,223 lots.

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

Globally, gold was trading 0.86 per cent lower at USD 1,803.10 per ounce in New York.

Visit news.dtnext.in to explore our interactive epaper!

Download the DT Next app for more exciting features!

Click here for iOS

Click here for Android

Gold futures fall on low demand

On the Multi Commodity Exchange, gold contracts for February delivery traded lower by Rs 406 or 0.74 per cent at Rs 54,268 per 10 grams in a business turnover of 15,223 lots.

Also Read

Anbumani removes GK Mani from PMK

Vijay leaves for Malaysia ahead of 'Jana Nayagan' audio launch

Offering milk, flowers to sea, silent processions mark 21st Tsunami anniversary in TN

Chennai Police arrest man for Rs 20 Lakh apartment lease scam

South Korea: Special counsel seeks 10-year prison term for ex-President Yoon over obstruction of justice, other charges