Gold futures was down marginally in early trade on the Multi Commodity Exchange (MCX) on Friday on sustained selling by traders at existing higher levels.
Gold for the most-active August contract declined by 0.24 per cent to Rs 14,802 per 10 gram in a trading volume of 64 lots, while for delivery in June, the metal traded lower by 0.22 per cent at Rs 14,800 per 10 gram, in trading of 975 lots.
Marketmen said sustained selling by traders at existing higher levels and reduced demand in the spot markets, mainly led to the fall in gold futures. - PTI
