Gold prices eased by 0.39 per cent to Rs 25,281 per ten grams in futures trading today as participants cut down their bets, tracking a weak trend overseas
At the Multi Commodity Exchange, gold for delivery in April month declined by Rs 98, or 0.39 per cent to Rs 25,281 per ten grams in business turnover of 101 lots.
Likewise, the metal for delivery in February contracts traded lower by Rs 97, or 0.38 per cent to Rs 25,154 per ten grams in 4,703 lots.
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Analysts attributed the fall in gold futures to a weak global trend after the US economy expanded faster than estimated last quarter, boosting the outlook for further increases in interest rates.
Meanwhile, gold was little changed at USD 1,071.27 an ounce in London.
