India, Nov. 24 -- Gold futures fell sharply on Monday, mirroring weak global cues as a stronger US dollar and caution ahead of key US economic data dampened investor demand for the precious metal.

On the Multi Commodity Exchange (MCX), December gold futures declined by Rs 1,477, or 1.19 per cent, to Rs 1,22,714 per 10 grams, with a trading volume of 9,400 lots.

Silver prices also came under pressure. December silver futures slipped by Rs 1,176, or 0.76 per cent, to Rs 1,52,975 per kilogram in 10,963 lots.

Published by HT Digital Content Services with permission from Dion Global Solutions Limited....