Gold futures drop Rs 2,260 to Rs 1.37 lakh/10g amid geopolitical uncertainty in West Asia
NEW DELHI: (Mar 24) Gold prices declined Rs 2,260 to Rs 1.37 lakh per 10 grams in futures trade on Tuesday, marking their decline for the fifth straight session amid uncertainty over geopolitical developments in West Asia.
On the Multi Commodity Exchange (MCX), the yellow metal for April delivery decreased by Rs 2,260, or 1.62 per cent, to Rs 1,37,000 per 10 grams.
Analysts said the precious metal prices remained under pressure due to conflicting statements surrounding tensions in West Asia.
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