Gold prices declined by Rs 105 or 0.56 per cent to Rs 18,260 per ten gram in futures trading today on fresh selling by traders in tandem with a weakening global trend.
At the Multi Commodity Exchange counter, gold for December contract fell by Rs 105, or 0.56 per cent to Rs 18,260 per ten gram, with an open interest of 96 lots.
Similarly, the metal for delivery in June contract weakened by Rs 81, or 0.44 per cent to Rs 18,461 per ten gram, with a business turnover of 13,158 lots.
Marketmen said fresh selling by traders in tandem with a weakening global trend mainly led to a fall in gold prices at futures trade.
Meanwhile, gold fell by $5.20 to $1,210.10 an ounce in New York.