Gold prices softened by 0.05 per cent to Rs 30,670 per 10 grams in futures trade today as
speculators cut down holdings, tracking a weak trend overseas.
At the Multi Commodity Exchange, gold for delivery in June declined by Rs 15, or 0.05 per cent to Rs 30,670 per ten grams.
Likewise, the metal for delivery in far-month August shed Rs 10, or 0.03 per cent to Rs 30,894 per ten grams in 732 lots.
Market analysts said off-loading of positions by participants in line with a weak trend overseas, mainly led to decline in gold prices at futures trade.
Globally, gold fell 0.12 per cent to USD 1,289.90 an ounce in Singapore today.
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