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Gold futures prices today fell 0.09 per cent to Rs 27,272 per 10 grams as speculators offloaded their positions amid a weak global trend.
On the Multi Commodity Exchange, gold prices for delivery in June fell Rs 24 or 0.09 per cent to Rs 27,272 per 10 grams in a business turnover of 266 lots.
Similarly, the metal prices for delivery in far-month August declined Rs 14 or 0.05 per cent to Rs 27,512 per 10 grams in eight lots.
Market analysts said the fall in gold futures is mostly attributed to trimming of positions by speculators, tracking a weak trend overseas before the Federal Reserve releases the minutes of its last meeting amid speculation that an improving housing market will boost the case for higher interest rates.
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