Gold futures fall Rs 246 to Rs 85,665/10 g

New Delhi, Mar 11 (PTI) Gold prices on Tuesday declined Rs 246 to Rs 85,665 per 10 grams in futures trade amid muted spot demand.

On the Multi Commodity Exchange, gold contracts for April delivery traded lower by Rs 246 or 0.29 per cent to Rs 85,665 per 10 grams in a business turnover of 14,164 lots.

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

In the international markets, gold futures slipped 0.41 per cent to USD 2,900.48 per ounce in New York.