Gold futures slip on low demand

New Delhi, Aug 13 (PTI) Gold prices on Tuesday declined Rs 93 to Rs 70,645 per 10 grams in futures trade amid weak global cues.

On the Multi Commodity Exchange, gold contracts for October delivery traded lower by Rs 93 or 0.13 per cent to Rs 70,645 per 10 grams in a business turnover of 17,454 lots.

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

Globally, gold prices went up by 0.02 per cent to USD 2,504.50 per ounce in New York.