Gold Futures Dip Slightly on Weak Demand

• Gold futures fell Rs 44 to Rs 99,357 per 10 grams on MCX due to weak spot demand.
• October gold contracts saw a turnover of 13,451 lots; analysts cite weak global cues.
• Globally, gold futures rose 0.08% to USD 3,335.37 per ounce in New York trading.

New Delhi, Aug 19 (PTI) Gold prices on Tuesday declined by Rs 44 to Rs 99,357 per 10 grams in futures trade amid muted spot demand.

On the Multi-Commodity Exchange, gold contracts for October delivery depreciated

Rs 44 or 0.04 per cent to Rs 99,357 per 10 grams in a business turnover of 13,451 lots.

Analysts attributed the fall in yellow metal prices to weak global cues.

In the international markets, gold futures rose 0.08 per cent to USD 3,335.37 per ounce in New York. PTI DR DRR