Gold prices fell 0.2 per cent to Rs 25,829 per 10 gram at the futures trade today as investors reduced positions in line with a weak trend in overseas market amid subdued demand in the domestic spot market.
On the Multi Commodity Exchange, gold for delivery in August eased by Rs 52 or 0.2 per cent to Rs 25,829 per 10 gram in a business turnover of 149 lots.
Likewise, the metal for delivery in June shed Rs 38 or 0.14 per cent to Rs 26,825 per 10 gram in 33 lots.
Market analysts said there is a weak trend in the overseas market as hedge funds pared bets on a rally in the yellow metal as demand for safe haven declined and put pressure on gold prices at the futures trade here.
Globally, gold fell 0.3 per cent to $1,246.50 an ounce in Singapore.