Gold futures decline Rs 308 to Rs 97,645/10 g

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Gold futures decline Rs 308 to Rs 97,645/10 g

Gold prices on Tuesday declined Rs 308 to Rs 97,645 per 10 grams in futures trade amid muted spot demand. On the Multi Commodity Exchange,

Gold prices on Tuesday declined Rs 308 to Rs 97,645 per 10 grams in futures trade amid muted spot demand. On the Multi Commodity Exchange, gold contracts for August delivery traded lower by Rs 308 or 0.31 per cent at Rs 97,645 per 10 grams in a business turnover of 15,987 lots.

Analysts attributed the fall in gold prices to weak global cues. In the international markets, gold futures fell 0.68 per cent to USD 3,358.64 per ounce in New York.

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