Prices fell in the overseas market as a weaker euro against the dollar dimmed the appeal of gold as an alternative asset.
Gold futures for June 2014 contract, at MCX, is trading at Rs. 28,402 per 10 grams, down by 0.43 per cent, after opening at Rs. 28,474, against the previous closing price of Rs 28,525. It touched an intra-day low of Rs 28,350. (At 11:36 AM). Check gold rates here