Gold prices moved down by 0.22 per cent to Rs 29,640 per 10 grams in futures trade today as speculators trimmed positions, tracking a weak global trend.
At the Multi Commodity Exchange, gold for delivery in October fell by Rs 65, or 0.22 per cent, to Rs 29,640 per ten grams in a business turnover of 17 lots.
Sentiment dampened after gold prices edged down in global markets today, after hitting their highest in over a week in the previous session, as the dollar steadied on expectations of rising US interest rates, analysts said.
Globally, gold fell 0.41 per cent to USD 1,190.40 an ounce in Singapore.
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