Gold Prices Fall in Futures Trade as Spot Demand Weakens Across Indian Cities

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Gold prices have dropped sharply in futures trading amid weak spot demand in major Indian cities. The December-delivery contract on the Multi Commodity Exchange fell by Rs 2,178. Rates for 24K, 22K and 18K gold declined in Bengaluru, Mumbai and Delhi. The drop across purity categories points to a broader slowdown in demand.

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