Gold futures decline on low spot demand

New Delhi, Feb 12 (PTI) Gold futures on Friday slipped 0.44 per cent to Rs 47,301 per 10 grams, as participants offloaded their holdings on a low spot demand.

On the Multi Commodity Exchange, gold for the April delivery fell Rs 207, or 0.44 per cent, to Rs 47,301 per 10 grams in a business turnover of 12,970 lots.

In the international market, gold was trading 0.59 per cent lower at USD 1,816 per ounce in New York. PTI SHW HRS hrs