At Multi Commodity Exchange, gold prices for delivery in October declined Rs 65, or 0.22 per cent, to Rs 29,520 per 10 grams in a business turnover of 444 lots.
Similarly, the metal for delivery in far-month November was trading lower by Rs 62, or 0.21 per cent, to Rs 29,368 per 10 grams in 8 lots.
Analysts attributed the fall in prices to trimming of positions by participants, tracking a weak trend in the global market, as the US dollar firmed up and the euro edged lower on political developments in Germany.
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