Gold futures on the Multi Commodity Exchange opened weak at Rs 30,673 per 10 grams on Thursday against the previous close of Rs 30,691.

February contract made a high of Rs 30,698 and low of Rs 30,626. It was trading down 0.15 per cent at Rs 30,642 at 1.05 p.m.

In Comex, the yellow metal was down by $8 at $1,679 an ounce at 1.05 p.m.

The depreciation of rupee against dollar in the currency futures market is limiting the fall in gold prices in India.

(This article was published on January 24, 2013)
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