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Gold prices fell 0.75 per cent to Rs 25,278 per 10 grams at the futures trade today as participants cut their bets amid a weak global trend.
At the Multi Commodity Exchange, gold prices for delivery in February next year fell Rs 190 or 0.75 per cent to Rs 25,278 per 10 grams in a business turnover of 468 lots.
Also, the metal for delivery in far-month April declined by Rs 171 or 0.67 per cent to Rs 25,437 per 10 grams in 27 lots.
Analysts attributed the fall in prices to a weak trend overseas after the US Federal Reserve announced a hike in interest rates, boosting the dollar and reducing the appeal of the precious metal.
Meanwhile, gold was trading 0.4 per cent down at $1,068.50 an ounce in Singapore.
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