NEW DELHI: Gold futures prices today fell by 0.35 per cent to Rs 27,145 per 10 grams as speculators offloaded their positions at prevailing levels amid a weak global trend.
At the Multi Commodity Exchange, gold prices for delivery in October fell by Rs 96, or 0.35 per cent, to Rs 27,145 per 10 grams in business turnover of 931 lots.
Similarly, metal prices for delivery in August declined by Rs 79, or 0.29 per cent, to Rs 27,161 per 10 grams in 4,114 lots.
Market analysts said the fall in gold futures was mostly attributed to profit-booking by speculators and a weak trend overseas amid speculation the price rally this month may damp demand.
Meanwhile, gold prices fell 0.5 per cent to USD 1,315.30 an ounce in Singapore.