New Delhi, Jan 3 (PTI) Gold prices on Monday fell Rs 86 to Rs 48,013 per 10 grams in the futures trade as speculators reduced their positions amid low demand.
On the Multi Commodity Exchange, gold contracts for February traded were lower by Rs 86, or 0.18 per cent, to Rs 48,013 per 10 grams in a business turnover of 8,342 lots.
Analysts attributed the fall in gold prices to the trimming of positions by participants.
Globally, gold traded 0.36 per cent lower at USD 1,822 an ounce in New York. PTI RUJ HRS hrs
