Gold futures on Wednesday fell 0.13 per cent to Rs 43,200 per 10 gram as participants offloaded their holdings despite the metal gaining overseas.
On the Multi Commodity Exchange, gold prices for April delivery fell by Rs 55, or 0.13 per cent, to Rs 43,200 per 10 gram in a business turnover of 3 lots.
The yellow metal for June delivery declined by Rs 157, or 0.37 per cent, to Rs 42,799 per 10 gram in 1,187 lots.
Market analysts said the fall in gold futures was mostly in tune with weak spot demand.
Globally, gold was trading 0.27 per cent higher at $1,600.90 per ounce in New York.
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.