Gold futures slipped by 0.19% to Rs 21,835 per ten grams after hitting record high in yesterday's trade, as speculators indulged in booking profits amid a weak trend in the global markets.
At the Multi Commodity Exchange, gold for delivery in June fell by Rs 42, or 0.19%, to Rs 21,793 per ten gram, with a business turnover of three lots.
It closed 1.2% higher at Rs 21,835 per ten grams, after galloping to a record high of Rs 21,857 per ten grams in yesterday's trade.
Analysts said profit-taking by speculators at record high levels and weak trend overseas where the precious metal declined, put pressure on the gold futures prices here.
Globally, gold weakened by 0.4% to $1,490.03 an ounce in Singapore, after touching an all-time high of $1,497.90 an ounce yesterday.
