Gold prices fell by 1.45 per cent in futures trade today as speculators indulged in selling, influenced by a weakening global trend.
On the Multi Commodity Exchange, gold for the most-active August-month contract fell by 1.45 per cent to Rs 15,009 per 10 gram with trading of two lots.
The metal for October contract moved down by 1.02 per cent to Rs 15,088 in a two lots.
Persistent selling by traders in tandem with a weakening global trend mainly led to the fall in gold prices, marketmen said, adding reduced offtake in the spot market due to off-marriage and festival season and rising stocks also reduced the gold demand.
Meanwhile, gold prices traded lower in overseas market at $914 an ounce against last close of $918.50.
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