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Gold prices were marginally down by 0.2 per cent at Rs 27,270 per 10 grams at the futures trading today after participants offloaded partial positions amid weak cues from the global market.
At the Multi Commodity Exchange, gold for delivery in far-month April declined by Rs 54 or 0.2 per cent to Rs 27,270 per 10 grams in a business turnover of five lots.
Also, the metal for delivery in February next year shed Rs 50 or 0.18 per cent to Rs 27,141 per 10 grams in 1,232 lots.
Market analysts said trimming of positions by speculators tracking a weak trend in the overseas market mainly put pressure on the precious metal at the futures trade here.
Globally, gold traded 0.18 per cent lower at $1,223.90 an ounce in Singapore today.
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