Gold prices on Thursday fell Rs 7 to Rs 59,464 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 7 or 0.01 per cent to Rs 59,464 per 10 grams in a business turnover of 15,032 lots.

Analysts attributed the fall in gold prices to the trimming of positions by participants.

 

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