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Amid a weak trend overseas and profit-booking by speculators, gold prices fell 0.22 per cent to Rs 26,735 per 10 gm at the futures trade today.
On the Multi Commodity Exchange, gold for delivery in October eased by Rs 59 or 0.22 per cent to Rs 26,735 per 10 gm in a business turnover of 84 lots. Likewise, the metal for delivery in August shed Rs 51 or 0.19 per cent to Rs 26,626 per 10 gm in 2,202 lots.
Analysts said besides a weak trend in the overseas market, profit-booking by speculators has put pressure on gold prices at the futures trade here.
Globally, the yellow metal fell $3.70 to $1,281.90 an ounce in Singapore today.
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