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Gold melts on weak global cues, subdued demand

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Press Trust of India New Delhi
Last Updated : Jan 20 2013 | 7:34 PM IST

Gold prices fell by 1.07 per cent in futures trade today on selling by traders in line with a weakening trend in the global markets.

The gold for most-active August contract fell by 1.07 per cent to Rs 15,220 per 10 gram on the Multi Commodity Exchange in business of just one lot.

Similarly, the precious metal for June contract shed 0.69 per cent to Rs 15,188 with trading volume of 641 lots.

Meanwhile, gold fell by $9.01 to $912.97 an ounce in overseas market.

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First Published: Mar 10 2009 | 3:40 PM IST

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