 "Gold futures down by 0.4% on global cues")
Gold futures prices today fell by 0.35% 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%, 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%, to Rs 27,161 per 10 grams in 4,114 lots.
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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% to $1,315.30 an ounce in Singapore.