New Delhi, May 21 -- Gold prices inched lower on the MCX on Thursday (21 May) morning amid weak global cues and speculations that the US Federal Reserve may tighten monetary policy in the near future due to increased inflationary risks.

MCX gold June futures traded 0.18% lower at Rs.1,59,719 per 10 grams around 9:10 am.

(This is a developing story. Please check back for fresh updates.)

Published by HT Digital Content Services with permission from MINT....