New Delhi, May 21 (PTI) Gold prices on Thursday dropped Rs 579 to Rs 1,59,427 per 10 grams in futures trade amid a fall in spot demand.
On the Multi Commodity Exchange, gold contracts for the June delivery traded lower by Rs 579, or 0.36 per cent, at Rs 1,59,427 per 10 grams in a business turnover of 643 lots.
Analysts attributed the fall in gold prices to weak global cues.
Globally, gold futures declined by 0.41 per cent to USD 4,525.52 per ounce in New York.
This report is given by Press Trust Of India. The Sen Times holds no responsibility for its content.
