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Gold futures decline on weak global cues

Gold futures fell by Rs 391 to Rs 94,601 per 10 grams on 28 April on the Multi Commodity Exchange, amid weak global cues and muted spot demand. Internationally, gold futures slipped 0.99% to USD 3,286.89 per ounce in New York.

PTI

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  • Analysts attributed the fall in gold prices to weak global cues. (PTI)

New Delhi, 28 April

Gold prices on Monday declined Rs 391 to Rs 94,601 per 10 grams in futures trade amid muted spot demand.

On the Multi Commodity Exchange, gold contracts for June delivery traded lower by Rs 391 or 0.41 per cent to Rs 94,601 per 10 grams in a business turnover of 17,572 lots.

Analysts attributed the fall in gold prices to weak global cues.

In the international markets, gold futures declined 0.99 per cent to USD 3,286.89 per ounce in New York.

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