May 16, 2021

Gold futures ease on low demand

Gold futures fell 0.42 per cent to Rs 50,202 per 10 gram on Tuesday as contributors offloaded their holdings on low spot demand.

On the Multi Commodity Trade, gold costs for February supply declined Rs 214, or 0.42 per cent, to Rs 50,202 per 10 gram in a enterprise turnover of 11,011 heaps.

Within the worldwide market, gold was buying and selling 0.34 per cent decrease at USD 1,876.40 per ounce in New York.