New Delhi, Aug 4 (PTI) Gold prices on Friday fell by Rs 79 to Rs 59,353 per 10 grams in futures trade as speculators reduced their positions.
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On the Multi Commodity Exchange, gold contracts for October delivery traded lower by Rs 79 or 0.13 per cent to Rs 59,353 per 10 grams in a business turnover of 14,882 lots.
Analysts attributed the fall in gold prices to the trimming of positions by participants.
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Globally, gold was trading 0.05 per cent lower at USD 1,967.80 per ounce in New York.
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