NEW DELHI: Gold prices on Tuesday declined Rs 129 to Rs 71,240 per 10 grams in futures trade as speculators reduced their positions.
On the MCX, gold contracts for June delivery traded lower Rs 129 at Rs 71,240 per 10 grams in a business turnover of 17,169 lots.
Analysts attributed the fall in gold prices to weak global cues at higher level.
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