Gold prices traded marginally lower by Rs 11, or 0.06 per cent, to Rs 18,419 per ten gram in futures trading today, as traders reduced their positions on a weakening global trend.
At the Multi Commodity Exchange counter, gold for October contract declined by Rs 11, or 0.06 per cent, to 18,419 per ten gram, with an open interest of 2,523 lots.
Similarly, the metal for August month shed Rs 9, or 0.05 per cent, to Rs 18,335 per ten gram, with a business volume of 20,736 lots.
Marketmen said fresh selling by speculators in tandem with a weakening global trend led to a fall in gold prices at futures trade.
Meanwhile, gold fell by $four to $1,190.10 an ounce in the Asian region.