India, Nov. 3 -- Gold prices declined by Rs. 1,166 to Rs. 1,39,020 per 10 grams in futures trade on Tuesday, pressured by weak spot demand.
On the Multi Commodity Exchange (MCX), gold contracts for December delivery fell by Rs. 1,166, or 0.83%, to Rs. 1,39,020 per 10 grams. The contracts recorded a business turnover of 1,254 lots.
Market analysts attributed the decline in precious metal prices to subdued demand in the spot market.
Published by HT Digital Content Services with permission from Dion Global Solutions Limited....