New Delhi, Feb 4 (PTI): Gold prices saw a decline on Tuesday, dropping ₹238 to ₹83,045 per 10 grams in futures trade, influenced by subdued demand in the spot market.
On the Multi Commodity Exchange (MCX), gold contracts for April delivery were trading lower by 0.29%, registering a business turnover of 16,823 lots.
Market analysts attributed this downward trend to weak global cues, which weighed on investor sentiment.
In the international market, gold futures in New York slipped 0.51% to $2,842.50 per ounce, further contributing to the decline in domestic gold prices.
