India, May 20 -- Gold futures traded lower on Wednesday as subdued spot demand and weak global trends weighed on market sentiment.

On the Multi Commodity Exchange (MCX), gold contracts for June delivery fell by Rs 614, or 0.39 percent, to Rs 1,58,466 per 10 grams in a turnover of 1,191 lots.

Market analysts said softer global cues and reduced buying activity in the physical market contributed to the decline in gold futures prices.

Published by HT Digital Content Services with permission from Dion Global Solutions Limited....