Gold futures slip to Rs 1,45,500/10g

New

Delhi, Jul 7 (PTI) Gold prices on Tuesday dropped by Rs 1,417 to Rs 1,45,500 per 10 grams in futures trade amid a fall in spot demand.

On the Multi Commodity Exchange, yellow metal contracts for August delivery traded lower by Rs 1,417, or 0.96 per cent, at Rs 1,45,500 per 10 grams in a business turnover of 848 lots.

Analysts attributed the decline in precious metal prices to weaker spot demand.

Globally, gold futures declined by 1.04 per cent to USD 4,122.10 per ounce in New York. PTI DR DRR