Gold prices today fell by Rs 54 to Rs 26,605 per 10 grams in futures trade amid weak global cues.
At the Multi Commodity Exchange, gold for delivery in far-month December was trading down by Rs 54, or 0.20 per cent, to Rs 26,605 per 10 grams in a business turnover of 228 lots.
On similar lines, the precious metal for delivery in October fell by Rs 38, or 0.14 per cent, to Rs 26,431 per 10 grams in 5,587 lots.
Analysts attributed the fall in gold futures to a weak global trend where it slipped from over two-week high as some Federal Reserve policy makers suggested the US central bank may still raise interest rates this year.
Gold lost 0.3 per cent to USD 1,136 an ounce in Singapore today.
