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Gold down 0.1% on global cues

Analysts attributed the fall in gold futures to weak global trends

Press Trust of India New Delhi
Gold prices today fell by Rs 28 to Rs 26,675 per ten grams in futures trade amid weak global trends.

At the Multi Commodity Exchange, The February contract of gold fell by Rs 28, or 0.10%, to Rs 26,675 per ten grams in business turnover of 71 lots.

The far-month April contract shed Rs 18, or 0.07%, to Rs 26,950 per ten grams.

Analysts attributed the fall in gold futures to weak global trends.

Gold fell 1.42% to $1,182.90 an ounce in New York yesterday.

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First Published: Jan 01 2015 | 11:06 AM IST

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