Gold prices fell Rs 75 to Rs 32,076 per 10 grams at the futures trade today as speculators trimmed positions, largely in tune with a weak trend overseas.

At the Multi Commodity Exchange, gold for delivery in February fell Rs 75 or 0.23 per cent to Rs 32,076 per 10 grams with a business turnover of 267 lots.

Similarly, the metal for delivery in December traded lower by Rs 69 or 0.22 per cent to Rs 31,677 per 10 grams with a business turnover of 3,273 lots.

Marketmen attributed the weak trend to a rising dollar as a higher dollar curbed the demand for alternative investments including gold.

Meanwhile, the yellow metal lost 0.2 per cent to $1,723.30 an ounce in Singapore.

(This article was published on November 15, 2012)
XThese are links to The Hindu Business Line suggested by Outbrain, which may or may not be relevant to the other content on this page. You can read Outbrain's privacy and cookie policy here.