Gold futures ease on low demand
Gold futures on Monday fell by 0.44 per cent to Rs 51,490 per 10 gram as participants offloaded their holdings on low spot demand
Gold futures on Monday fell by 0.44 per cent to Rs 51,490 per 10 gram as participants offloaded their holdings on low spot demand.
On the Multi Commodity Exchange, gold prices for October delivery declined by Rs 225, or 0.44 per cent, to Rs 51,490 per 10 gram in a business turnover of 8,443 lots.
The yellow metal for December delivery eased by Rs 243, or 0.47 per cent, to Rs 51,617 per 10 gram in 9,462 lots.
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Gold was trading 0.37 per cent down at USD 1,954.80 per ounce in New York.
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