Gold futures fall Rs 163 to Rs 1,01,379/10g on muted demand

New Delhi, Aug 28 (PTI) Gold prices on Thursday declined Rs 163 to Rs 1,01,379 per 10 grams in futures trade amid muted spot demand.

On the Multi-Commodity Exchange, gold contracts for October delivery depreciated Rs 163 or 0.16 per cent to Rs 1,01,379 per 10 grams in a business turnover of 14,304 lots.

Analysts attributed the fall in yellow metal prices to weak global cues.

In the international markets, gold futures fell 0.25 per cent to USD 3,388.88 per ounce in New York. PTI DR TRB