Gold futures decline on weak global cues
The Hindu
Gold prices on MCX and international markets fell due to weak global cues and muted spot demand.
Gold prices on Monday (April 28, 2025) declined ₹391 to ₹94,601 per 10 grams in futures trade amid muted spot demand.
On the Multi Commodity Exchange (MCX), gold contracts for June delivery traded lower by ₹391 or 0.41% to ₹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% to $3,286.89 per ounce in New York.
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