Gold futures slipped by 0.30% to Rs 22,557 per 10 grams amid profit-booking by speculators and overnight weakness in the precious metals at New York.
At the Multi Commodity Exchange, gold for delivery in June fell by Rs 69, or 0.30% to Rs 22,557 per 10 gram, with a business turnover of five lots.
It closed 0.85% lower at Rs 22,626 per 10 grams. Similarly, gold for delivery in August fell by Rs 68, or 0.30% to Rs 22,855 per 10 grams.
Analysts said profit-taking by speculators at record high levels and a weak trend overseas, where the precious metal declined, led to the decline in gold futures prices here.
Globally, gold plunged by 1.28% to $1,545.60 an ounce in New York last evening, after touching an all-time high of $1,576.40 an ounce.