New Delhi: Gold prices fell 0.09 percent to Rs 26,911 per 10 grams in futures trade today as participants reduced their positions even as the precious metal rose overseas.
At the Multi Commodity Exchange, gold for delivery in October contracts eased by Rs 24, or 0.09 percent, to Rs 26,911 per 10 grams in business turnover of 449 lots.
Likewise, the metal for delivery in far-month December shed Rs 21, or 0.08 percent, to Rs 27,051 per 10 grams in 62 lots.
Market analysts said trimming of position by speculators mainly put pressure on gold prices at futures trade here but a firming trend in precious metals in global market,limited the losses.
Globally, gold rose 0.40 percent, to USD 1,226.90 an ounce in Singapore.
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