Gold futures fell in the domestic market on Thursday as investors and speculators exited positions in the precious metal as outflows from gold-backed
exchange traded products signaled weakening investment demand for the bullion. Holdings in SPDR Gold Trust, the world's biggest gold-backed
exchange-traded fund, fell 1.80 tonnes to 816.97 tonnes on Wednesday.
Gold futures for April 2014 contract, at MCX, is trading at Rs. 28,415 per 10 grams, down by 0.55 per cent, after opening at Rs. 28,557, against the
previous closing price of Rs 28,571. It touched an intra-day low of Rs 28,395.
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