Gold futures decline by Rs 160 on low demand

NEW DELHI: Gold futures on Friday fell 0.36 per cent to Rs 44,381 per 10 grams as participants offloaded their holdings on a low spot demand.

On the Multi Commodity Exchange, gold prices for April delivery slipped by Rs 160, or 0.36 per cent, to Rs 44,381 per 10 gram in a business turnover of 13,200 lots.

In the international market, gold was trading 0.47 per cent lower at USD 1,692.70 per ounce in New York.



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