Amid a weak global trend and profit-booking, gold futures fell Rs 37 to Rs 27,740 per 10 gram today as participants trimmed their positions.

Gold for delivery in February was trading Rs 37 or 0.13 per cent lower at Rs 27,740 per 10 gram in a business turnover of 416 lots at the Multi Commodity Exchange.

On similar lines, the metal for delivery in far-month April shed Rs 33 or 0.12 per cent to Rs 27,716 per 10 gram in 10 lots.

Market analysts said the fall in gold futures was mostly in tune with a weak trend overseas amid profit-booking by speculators.

Meanwhile, gold prices in global market retreated as much as 0.28 per cent to $1,167.10 an ounce in Singapore today.

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