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Amid a weak trend overseas, gold prices fell 0.5 per cent to Rs 26,706 per 10 gram at the futures trade today as speculators indulged in trimming positions.
On the Multi Commodity Exchange, gold for delivery in August eased by Rs 133 or 0.5 per cent to Rs 26,706 per 10 gram in a business turnover of 339 lots.
Likewise, the metal for delivery in far-month October shed Rs 124 or 0.46 per cent to Rs 26,767 per 10 gram in four lots.
Analysts said a weak trend in the overseas market before the US Federal Reserve concludes a two-day policy meeting today put pressure on the gold prices at futures trade here.
Globally, gold was trading lower at $1,269.25 an ounce in Singapore today from $1,270.58 yesterday.
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