India, May 26 -- Gold prices declined sharply on Monday, falling by Rs 707 to Rs 95,714 per 10 grams in futures trading, pressured by subdued demand in the spot market.
On the Multi Commodity Exchange (MCX), gold contracts for June delivery were down by Rs 707 or 0.73%, trading at Rs 95,714 per 10 grams with a business volume of 9,323 lots.
Analysts cited weak spot market demand as the primary reason behind the decline in gold futures.
Published by HT Digital Content Services with permission from Dion Global Solutions Limited....