#Business

Gold Futures Decline by ₹791 to ₹75,862 Per 10 Grams

Gold prices witnessed a significant drop on Thursday, declining ₹791 to ₹75,862 per 10 grams in the futures market, driven by reduced spot demand and weak global trends.

On the Multi Commodity Exchange (MCX), gold contracts for February delivery fell by ₹791 or 1.03% to ₹75,862 per 10 grams in a trading volume of 1,441 lots.

Market analysts attributed the dip in gold futures to bearish cues from global markets, impacting the sentiment of domestic traders. The ongoing pressure on gold prices reflects weakened demand across key markets.

Global economic factors and market fluctuations are likely to influence gold price trends in the coming weeks, experts suggest.

Gold Futures Decline by ₹791 to ₹75,862 Per 10 Grams

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