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Gold futures ease on low demand

Gold futures ease on low demand

New Delhi: Gold futures on Tuesday fell by 0.69 per cent to Rs 51,739 per 10 gram as participants offloaded their holdings on low spot demand.

On the Multi Commodity Exchange, gold prices for August delivery declined by Rs 362, or 0.69 per cent, to Rs 51,739 per 10 gram in a business turnover of 3,699 lots.

The yellow metal for October delivery eased by Rs 322, or 0.62 per cent, to Rs 51,930 per 10 gram in 14,799 lots.

Gold was trading 0.54 per cent down at USD 1,944.90 per ounce in New York.

—PTI

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