Gold futures tumble on muted demand

New Delhi: Gold prices on Thursday plummeted Rs 1,085 to Rs 91,180 per 10 grams in futures trade amid muted spot demand. On the Multi Commodity Exchange, gold contracts for June delivery traded lower by Rs 1,085 or 0.97 per cent at Rs 91,180 per 10 grams in a business turnover of 11,756 lots. Analysts attributed the fall in gold prices to weak global cues. In the international markets, gold futures fell 1.37 per cent to $3,133.71 per ounce in New York.