Gold futures fall on low demand

New Delhi, Jun 30 (PTI) Gold prices on Friday fell by Rs 110 to Rs 57,904 per 10 grams in futures trade as speculators reduced their positions.

On the Multi Commodity Exchange, gold contracts for August delivery traded lower by Rs 110 or 0.19 per cent to Rs 57,904 per 10 grams in a business turnover of 12,427 lots.

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

Gold was trading 0.18 per cent lower at USD 1,914.50 per ounce in New York.