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Gold prices moved down by 0.34 per cent to Rs 27,323 per 10 gm in futures trade today after participants off-loaded partial positions, taking weak cues from the global market.
At the Multi Commodity Exchange, gold for delivery in far-month August eased by Rs 92, or 0.34 per cent, to Rs 27,323 per 10 gm in business turnover of 19 lots.
June gold shed Rs 87, or 0.32 per cent, to Rs 27,009 per 10 gm in 639 lots.
Market analysts said a weak trend in the overseas markets on signs that physical purchases may be slowing after prices climbed to the highest since April 15, mainly put pressure on gold futures here.
Globally, gold fell 0.7 per cent to $1,459.60 an ounce in Singapore today.
