New Delhi: Gold prices on Tuesday dropped by Rs 358 to Rs 1,52,558 per 10 grams in futures trade amid a fall in spot demand.On the Multi Commodity Exchange, gold contracts for August delivery traded lower by Rs 358, or 0.23 per cent, at Rs 1,52,558 per 10 grams in a business turnover of 8,822 lots.
Analysts attributed the fall in yellow metal prices to weak global cues. Globally, gold futures declined by 0.15 per cent to USD 4,318.05 per ounce in New York.
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