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Gold futures prices fell by Rs 88 to Rs 21,018 per 10 grams today as speculators reduced their positions in tandem with a weakening global trend.
At the Multi Commodity Exchange, gold for delivery in June fell by Rs 88 or 0.42 per cent to Rs 21,018 per 10 grams with a trade volume of just one lot.
Similarly, the metal for delivery in April declined by Rs 76 or 0.37 per cent to Rs 20,711 per 10 grams with a business turnover of 11 lots.
Traders said fresh offloading of positions by speculators, driven by a weakening global trend, mainly led to the fall in gold futures prices.
Meanwhile, gold traded lower by $1 to $1,398 an ounce in Asia.
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