<p>Gold futures prices today fell by 1.95 per cent to Rs 33,786 per 10 grams largely in tandem with a weak global trend amid profit-booking by speculators.<br /><br /></p>.<p>At the Multi Commodity Exchange, gold prices for delivery in October fell by Rs 453, or 1.95 per cent, to Rs 33,786 per 10 grams in business turnover of 2,697 lots.<br /><br />Similarly, metal prices for delivery in December declined by Rs 657, or 1.91 per cent, to Rs 33,820 per 10 grams in 173 lots.<br /><br />Market analysts said the fall in gold futures was mostly attributed to a weak trend overseas on concern that the US Federal Reserve is getting closer to tapering stimulus, reducing appeal of precious metal.<br /><br />Further, profit-booking by speculators after recent gains also weighed on the precious metal prices, they said.<br /><br />Meanwhile, gold prices fell 0.10 per cent to USD 1,410.80 an ounce in Singapore.</p>
<p>Gold futures prices today fell by 1.95 per cent to Rs 33,786 per 10 grams largely in tandem with a weak global trend amid profit-booking by speculators.<br /><br /></p>.<p>At the Multi Commodity Exchange, gold prices for delivery in October fell by Rs 453, or 1.95 per cent, to Rs 33,786 per 10 grams in business turnover of 2,697 lots.<br /><br />Similarly, metal prices for delivery in December declined by Rs 657, or 1.91 per cent, to Rs 33,820 per 10 grams in 173 lots.<br /><br />Market analysts said the fall in gold futures was mostly attributed to a weak trend overseas on concern that the US Federal Reserve is getting closer to tapering stimulus, reducing appeal of precious metal.<br /><br />Further, profit-booking by speculators after recent gains also weighed on the precious metal prices, they said.<br /><br />Meanwhile, gold prices fell 0.10 per cent to USD 1,410.80 an ounce in Singapore.</p>