Gold prices fell by 0.20 per cent to Rs 29,324 per ten gram in futures trading today as participants trimmed their positions, tracking a weak trend overseas.
At the Multi Commodity Exchange, gold for delivery in far-month December declined by Rs 60, or 0.20 per cent to Rs 29,324 per ten gram in a business turnover of 221 lots.
Analysts said offloading of positions by participants, triggered by a weak trend overseas, weighed on the gold prices in futures trade here.
Meanwhile, gold fell 0.10 per cent to USD 1,274.70 an ounce in Singapore today.
(This article has not been edited by Zeebiz editorial team and is auto-generated from an agency feed.)