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Gold prices moved down by 0.21 per cent to Rs 27,754 per 10 gram in futures trade today as participants trimmed positions amid a weak trend overseas.
At the Multi Commodity Exchange, gold for delivery in October eased by Rs 59, or 0.21 per cent, to Rs 27,754 per 10 grams in a business turnover of 1,397 lots.
December gold shed Rs 53, or 0.19 per cent, to Rs 27,805 per 10 grams in 28 lots.
Analysts said off-loading of positions by speculators, taking weak cues from the global markets where it slipped to two-month low as strengthening dollar reduced appeal of the bullion, put pressure on gold prices at futures trade here.
