NEW DELHI: Gold prices fell by 0.14 per cent to Rs 30,010 per ten grams in futures trade on Tuesday as speculators trimmed their positions on weak global trend.
At the Multi Commodity Exchange, gold for delivery in December fell by Rs 41, or 0.14 per cent, to Rs 30,010 per ten grams in business turnover of 3,052 lots.
Similarly, the yellow metal for delivery in February traded lower by Rs 35, or 0.12 per cent, to Rs 29,415 per ten grams in 283 lots.
Analysts said speculators trimmed their positions in tandem with a weak global trend as investors weighed comments from Fed policy makers about the outlook for stimulus amid a rally in equities, mainly influenced gold prices at futures trade.
Meanwhile, gold dropped 0.4 per cent to USD 1,270.97 an ounce in Singapore.
