In futures trading, gold for delivery in August contract was trading Rs 27 or 0.09 per cent down at Rs 28,515 per 10 grams at the Multi Commodity Exchange with a business turnover of 549 lots.
The metal for delivery in far-month October shed Rs 17 or 0.06 per cent to Rs 28,680 per 10 grams in four lots.
Analysts said a weakening trend in the overseas markets on firmer dollar against some currencies overseas on Fed' plan to stick to hiking rates, eroding demand for the precious metals as a safe haven, kept on the precious metal prices at futures trade here.
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