Gold futures drop to Rs 1,52,350/10g

NEW DELHI: (Apr 27) Gold prices on Monday dropped Rs 349 to Rs 1,52,350 per 10 grams in futures trade amid a fall in spot demand.

On the Multi Commodity Exchange, gold contracts for the June delivery traded lower by Rs 349, or 0.23 per cent, at Rs 1,52,350 per 10 grams in a business turnover of 1,119 lots.

Analysts attributed the fall in gold prices to weak global cues.