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Gold down by 0.2% on weak global cues

Investors awaited the outcome of a Federal Reserve meeting this week and a gathering of European finance ministers who will discuss the debt crisis in Greece

Press Trust of India New Delhi
Gold prices today fell Rs 53 to Rs 26,903 per 10 grams in futures trade amid a weak global trend.

At Multi Commodity Exchange, delivery in August contract of gold fell by Rs 53, or 0.20%, to Rs 26,903 per 10 grams in a business turnover of 126 lots.

Analysts attributed the fall in gold futures to a weak global trend as investors awaited the outcome of a Federal Reserve meeting this week and a gathering of European finance ministers who will discuss the debt crisis in Greece.

Gold fell 0.2% to $1,180.35 an ounce in Singapore.

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First Published: Jun 17 2015 | 11:22 AM IST

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