Gold prices fell by ₹446 on Friday to close at ₹84,750 per 10 grams in the futures segment as spot demand remained lackluster.
Gold contracts for April expiry on the Multi Commodity Exchange (MCX) fell by ₹446, or 0.52%, to ₹84,750 per 10 grams, with a turnover of 14,812 lots.
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Market analysts attributed the decline in gold prices to weak trends in the international market.
In the global markets, gold futures dropped by $20.50 an ounce, or 0.71%, to $2,875.40 an ounce in New York.
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