Gold futures on Wednesday fell 0.13 per cent to Rs 43,200 per 10 gram as participants offloaded their holdings despite the metal gaining overseas.
On the Multi Commodity Exchange, gold prices for April delivery fell by Rs 55, or 0.13 per cent, to Rs 43,200 per 10 gram in a business turnover of 3 lots.
The yellow metal for June delivery declined by Rs 157, or 0.37 per cent, to Rs 42,799 per 10 gram in 1,187 lots.
Market analysts said the fall in gold futures was mostly in tune with weak spot demand.
Globally, gold was trading 0.27 per cent higher at USD 1,600.90 per ounce in New York.
Disclaimer: No Business Standard Journalist was involved in creation of this content
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors
Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share
Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor
Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements
Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app