On Friday, gold prices dropped by Rs 446 to Rs 84,750 per 10 grams in the futures market due to subdued demand in the spot market.
On the Multi Commodity Exchange, April gold contracts declined by Rs 446 or 0.52 percent, reaching Rs 84,750 per 10 grams, with a trading volume of 14,812 lots.
According to analysts, the decrease in gold prices was driven by weak global trends