New Delhi, Feb 12: Gold prices on Thursday dropped Rs 780 to Rs 1,57,975 per 10 grams in futures trade amid a fall in spot demand.
On the Multi Commodity Exchange, gold contracts for April delivery traded lower by Rs 780, or 0.49 per cent, at Rs 1,57,975 per 10 grams in a business turnover of 960 lots.
Analysts attributed the fall in gold prices to weak global cues.
Globally, gold futures decreased by 0.43 per cent to USD 5,062.39 per ounce in New York.–(PTI)
