Commodities
MCX Gold Futures Plummet Rs 1,213 to Rs 1,41,850
Gold futures on the Multi Commodity Exchange (MCX) fell to Rs 1,41,850 per 10 grams on July 28, down by Rs 1,213 or 0.85 percent from the previous day's closing price.
The decline in gold prices was attributed to weaker spot demand, according to analysts.
On the MCX, gold futures for August delivery traded lower due to a decrease in business turnover of 759 lots.
Globally, gold futures also declined by 0.85 percent to USD 4,041.42 per ounce in New York, mirroring the domestic market's performance.