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Gold prices fell by nearly 1% to Rs 31,294 per ten grams in futures trade today as speculators offloaded their positions on weak global cues.
At the Multi Commodity Exchange, gold for delivery in October fell by Rs 294, or 0.91% to Rs 31,924 per ten grams in business turnover of 3142 lots.
Similarly, the gold for December contract traded lower by Rs 279, or 0.86% to Rs 32,011 per ten grams in 117 lots.
Meanwhile, gold fell by 23.90 dollar to 1367.70 dollar an ounce in New York last night.
