New Delhi: Gold prices dropped Rs 561 to Rs 1,52,530 per 10 grams in futures trade amid a fall in spot demand. The yellow metal contracts for August delivery traded lower by 0.37 per cent in 613 lots. Analysts attributed the fall in precious metal prices to weak global cues. Globally, gold futures declined by 0.14 per cent to $4,325.04 per ounce in New York.

Silver futures fall on low bets

Silverprices fell by Rs 959 to Rs 2,49,146 per kilogram as participants reduced their bets. Silver contracts for July delivery declined 0.38 per cent in 673 lots. Analysts said a sell-off by participants mainly weighed on silver prices. Globally, the white metal was trading 0.04 per cent lower at $69.99 per ounce in New York.

Brent crude slipped to $78.23/bbl

Crudeoil price fell by Rs 63 to Rs 7,061 per barrel in the futures trade amid weak global trends. Crude oil futures for the July delivery slipped 0.88 per cent in 4,004 lots. Analysts said the prices fell after participants offloaded their holdings amid weak demand in the spot market. Globally, West Texas Intermediate crude oil was trading 1.04 per cent lower at $75.26 per barrel, while Brent Crude fell 0.92 per cent to $78.23 per barrel in New York.