Gold futures fall on low demand

Gold futures fall on low demand
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New Delhi, Nov 20 (PTI) Gold price on Monday fell Rs 13 to Rs 60,700 per 10 grams in futures trade as speculators reduced their positions.

On the Multi Commodity Exchange, gold contracts for December delivery traded marginally lower by Rs 13 or 0.02 per cent at Rs 60,700 per 10 grams in a business turnover of 8,036 lots.

Analysts attributed the fall in gold prices to the trimming of positions by participants.

Globally, gold was trading 0.20 per cent lower at USD 1,980.80 per ounce in New York. PTI SGC SHW SHW

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