Taking weak cues from global market and slackened demand from jewellers, gold prices declined by Rs 123 to Rs 25,669 per 10 grams as participants trimmed positions.
At the Multi Commodity Exchange, gold for delivery in far-month April shed Rs 123 or 0.48 per cent to Rs 25,669 per ten grams in a business turnover of 30 lots.
In a similar fashion, the metal for delivery in February was trading lower by Rs 120 or 0.47 per cent to Rs 25,554 per ten grams in 1,058 lots.
Analysts said sustained fall in the metal’s prices at the futures trade was mostly in tandem with global sell-offs.
Globally, gold fell 0.1 per cent to $1,085.70 an ounce in Singapore today.