Gold prices fell by 0.07 per cent
to Rs 31,340 per ten gram in futures trading Thursday as participants trimmed their positions to book profit amid a weak trend overseas.
At the Multi Commodity Exchange, gold for delivery in far-month December declined by Rs 23, or 0.07 per cent to Rs 31,340 per ten gram in a business turnover of 361 lots.
Analysts said off-loading of positions by participants at prevailing levels coupled with a weak trend overseas, weighed on the gold prices in futures trade here.
Meanwhile, gold fell 0.09 per cent to USD 1,197 an ounce in Singapore Thursday.
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