Gold Price Today, 23 September: Gold loses sheen, trades at near six-month low

On the Multi Commodity Exchange, gold contracts for October traded lower by Rs 297, or 0.64 per cent, to Rs 46,375 per 10 grams. 

New Delhi: Gold on Thursday (August 23) fell by Rs 297 to Rs 46,375 per 10 grams in the futures trade. The reason behind the fall was that investors reduced their positions amid low demand. 

On the Multi Commodity Exchange, gold contracts for October traded lower by Rs 297, or 0.64 per cent, to Rs 46,375 per 10 grams in a business turnover of 6,594 lots.

According to analysts, the fall in gold prices was due to the trimming of positions by investors. Globally, gold traded 0.57 per cent lower to USD 1,768.60 an ounce in New York.