NEW DELHI, Sept 2: Gold fell Rs 102 to Rs 26,731 per 10 grams in futures trade today as participants reduced their positions, largely in line with a weak trend overseas.
At Multi Commodity Exchange, gold for delivery in October was trading lower by Rs 102, or 0.38 per cent, at Rs 26,731 per 10 grams in a business turnover of 269 lots.
Also, the metal for delivery in December shed Rs 104, or 0.38 per cent, to Rs 26,938 per 10 grams in three lots.
Analysts said there is a weakening trend in the overseas markets where gold retreated for the first time in four days as Asian stocks extended a global rout on concern over China’s slowdown and its impact on the world economy, which weighed on the precious metal in futures trade here.
Globally, gold fell 0.2 per cent to USD 1,138 an ounce in Singapore. (PTI)
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