NEW DELHI: Gold prices declined by Rs 20 to Rs 18,475 per ten gram in futures trade on Monday on fresh selling by traders in tandem with a weakening trend in the global markets.
At the Multi Commodity Exchange, gold for far-month December declined by Rs 20 or 0.11 per cent to Rs 18,475 per ten gram with an open interest of 658 lots.
The metal for delivery in August month also lost Rs 18 or 0.10 per cent to Rs 18,306 per ten grams in 19,279 lots.
Market analysts said fresh selling by traders in tandem with a weakening trend in global markets mainly led to fall in gold prices at futures trade.
Meanwhile, gold traded lower by 0.03 per cent to $1192.70 an ounce in Asian region. - PTI
