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Gold prices fell 0.15 per cent to Rs 27,419 per 10 grams at the futures trading today as speculators trimmed positions, tracking a weak global trend.
On the Multi Commodity Exchange, gold for delivery in October declined by Rs 42 or 0.15 per cent to Rs 27,419 per ten gram in a business turnover of 230 lots.
Similarly, the metal for delivery in far-month December traded lower by Rs 36 or 0.13 per cent to Rs 27,599 per ten gram in two lots.
Analysts attributed the fall in gold futures to a weak global trend as the dollar strengthened before data that may back the case for the Federal Reserve to raise the borrowing costs at a time when the European Central Bank boosts stimulus.
Meanwhile, gold fell 0.3 per cent to $1,257.36 an ounce, the lowest level since June 10 in Singapore.
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