Gold prices moved down by 0.67 per cent to Rs 26,133 per 10 gm at the futures trade today after participants reduced their positions, taking weak cues from the global market.

At the Multi Commodity Exchange, gold for delivery in June eased by Rs 177 or 0.67 per cent to Rs 26,133 per 10 gm after dipping to Rs 26,102 in a business turnover of 2,426 lots.

Likewise, the metal for delivery in far-month August fell Rs 175 or 0.66 per cent to Rs 26,267 per 10 gm after dropping to Rs 26,236 in 174 lots.

Market analysts said a weak trend in the overseas market on signs that investment demand is waning as US equities surged to records and dollar strengthened, mainly put pressure on gold futures here.

Besides, a subdued trend at the domestic spot market due to slackened demand weighed on prices, they said.

Globally, gold fell 0.4 per cent to $1,387.30 an ounce, its lowest since April 19 in Singapore today.