Gold futures slump on weak global cues
On the Multi Commodity Exchange, gold prices for April delivery fell by Rs 28, or 0.07 per cent, to Rs 41,558 per 10 gram in a business turnover of 3,339 lots.
The yellow metal for June delivery declined by Rs 73, or 0.17 per cent, to Rs 41,705 per 10 gram in 144 lots.
Analysts said subdued overseas cues influenced sentiments here.
Globally, gold was trading 0.12 per cent lower at USD 1,609.80 per ounce in New York. VHP SHWSHW