Gold slipped from record high and lost Rs 22 to Rs 22,551 per 10 grams in futures trading today as speculators indulged in booking profits at existing higher levels, driven by a weak trend in Asian region.
At the Multi Commodity Exchange, gold for delivery in August fell by Rs 22, or 0.10% to Rs 22,551 per 10 grams, with a business turnover of four lots.
Similarly, the metal for delivery in June declined by Rs 15, or 0.07% to Rs 22,268 per 10 grams, with a business volume of nine lots.
Analysts said profit-taking by speculators at record levels and a weak trend in Asian region mainly led to the decline in gold futures prices.
Meanwhile, gold declined by $2.50 to $1,533.30 an ounce in the Asian region.
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