Gold futures fall on low demand

New Delhi, Oct 28 (PTI) Gold prices on Monday declined Rs 136 to Rs 78,396 per 10 grams in futures trade amid weak global cues.

On the Multi Commodity Exchange, gold contracts for December delivery traded lower by Rs 136 or 0.17 per cent at Rs 78,396 per 10 grams in a business turnover of 14,710 lots.

Analysts attributed the fall in gold prices to weak global cues.

Globally, gold futures decreased 0.23 per cent to USD 2,748.40 per ounce in New York.