Gold futures fall on global cues
Feb 6, 2020, 12:16 IST
New Delhi, Feb 6 () Gold prices fell by Rs 75 to Rs 40,125 per 10 gram in futures trade on Thursday as participants cut down their positions in line with a weak trend overseas.
On the Multi Commodity Exchange, gold prices for April delivery fell by Rs 75, or 0.19 per cent, to Rs 40,125 per 10 gram in a business turnover of 2,313 lots.
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The yellow metal for June delivery declined by Rs 48, or 0.12 per cent, to Rs 40,290 per 10 gram in 106 lots.
Analysts said subdued overseas cues influenced sentiments here.
Globally, gold was trading 0.25 per cent lower at USD 1,558.90 per ounce in New York. VHP RVK(This story has not been edited by www.businessinsider.in and is auto–generated from a syndicated feed we subscribe to.)