Gold prices fell by Rs 128, or 0.69 per cent to Rs 18,363 per ten gram in futures market today, as traders reduced their positions in tandem with a weakening global trend.
At the Multi Commodity Exchange, gold for December-month contract fell Rs 128, or 0.69 per cent to Rs 18,363 per ten gram, with an open interest of 80 lots.
The metal for delivery in June contract also drifted by Rs 104, or 0.57 per cent to Rs 18,156 per ten gram, with a business volume of 15,114 lots.
Marketmen said, fresh off-loading by speculators in tandem with a weakening global trend mainly led to a fall in gold prices at futures trade.
Meanwhile, gold declined by $3.20 to $1,220.90 an ounce in the Asian region.
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