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Gold Futures Slip Rs 126 To Rs 46,631/10 Gm

Gold prices for delivery in December fell by Rs 126, or 0.27 per cent, to Rs 46,631 per 10 gram in a business turnover of 13,309 lots.

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Gold prices on Wednesday fell by Rs 126 to Rs 46,631 per 10 gram in futures trade as participants cut down their bets amid a weak trend in global markets.

On the Multi Commodity Exchange, gold prices for delivery in December fell by Rs 126, or 0.27 per cent, to Rs 46,631 per 10 gram in a business turnover of 13,309 lots.

Analysts attributed the fall in prices to trimming of positions by investors tracking a weak trend in global markets.

Globally, gold was trading 0.54 per cent lower at USD 1,751.4 an ounce in New York.

(PTI)


Tags assigned to this article:
gold demand trends gold prices silver prices