NEW DELHI, Oct 22: Gold prices declined by 0.23 per cent to Rs 27,491 per ten grams in futures trading today as speculators booked profits at prevailing levels amid a weak global trend.
At the Multi Commodity Exchange, gold for delivery in December declined by Rs 63, or 0.23 per cent, to Rs 27,498 per ten grams in a business turnover of 742 lots.
Similarly, the metal for delivery in far-month February next year traded lower by Rs 63, or 0.23 per cent, to Rs 27,683 per ten grams in six lots.
Market analysts said profit-booking by speculators and a weakening trend overseas led to decline in gold prices at futures trade.
Meanwhile, gold lost 0.14 per cent to USD 1,247.60 an ounce in Singapore. (PTI)
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