Gold futures inch lower on low demand

NEW DELHI: Gold futures on Wednesday fell 0.13 per cent to Rs 44,366 per 10 gram as participants offloaded their holdings on a low spot demand.

On the Multi Commodity Exchange, gold prices for June delivery slipped by Rs 57, or 0.13 per cent, to Rs 44,366 per 10 gram in a business turnover of 12,591 lots.

In the international market, gold was trading 0.15 per cent lower at USD 1,683.50 per ounce in New York.

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