MCX Gold Futures Fall Rs 419 Amid Weaker Spot Demand
Gold futures on the Multi Commodity Exchange (MCX) declined by Rs 419 to Rs 1,46,385 per 10 grams on Tuesday amid weak spot demand.
The December delivery contracts traded lower at Rs 1,46,385 per 10 grams in a business turnover of 1,608 lots.
Analysts attributed the decline in precious metal prices to weaker spot demand.
Globally, gold futures rose by 0.23% to USD 4,125.32 per ounce in New York.