Gold prices drifted by 0.22 per cent to Rs 26,000 per 10 grams in futures trade today as speculators trimmed positions amid a weak global trend.
At the Multi Commodity Exchange, gold for delivery in August fell by Rs 58, or 0.22 per cent, to Rs 26,000 per 10 grams in a business turnover of 5,228 lots.
Similarly, the yellow metal for delivery in far-month October traded lower by Rs 50, or 0.19 per cent, to Rs 26,233 per 10 grams in 173 lots.
Analysts attributed the fall in gold futures to a weak global trend where it retreated after Greece secured a deal over the path to a new bailout and investors weighed the timing of a US interest-rate increase.
Meanwhile, gold declined 0.7 per cent to USD 1,155.07 an ounce in London.
