New Delhi: Gold prices fell by Rs 106 to Rs 27,132 per 10 grams in futures trade on Thursday amid a weak trend overseas and profit-booking by speculators.
At Multi Commodity Exchange, gold for delivery in June eased by Rs 106 or 0.39 per cent to Rs 27,132 per 10 grams in a business turnover of 236 lots.
Likewise, the metal for delivery in far-month August shed Rs 104 or 0.38 per cent to Rs 27,339 per 10 gm in 8 lots.
Analysts said besides a weak trend in the overseas markets after the Federal Reserve said the economy was expected to pick up following a first-quarter slowdown, boosting speculation that interest rates will rise this year, put pressure on gold prices at futures trade here.
In Singapore, gold lost 0.18 per cent to $1,202.40 an ounce on Thursday.
New Delhi: Gold prices fell by Rs 106 to Rs 27,132 per 10 grams in futures trade on Thursday amid a weak trend overseas and profit-booking by speculators.
At Multi Commodity Exchange, gold for delivery in June eased by Rs 106 or 0.39 per cent to Rs 27,132 per 10 grams in a business turnover of 236 lots.
Likewise, the metal for delivery in far-month August shed Rs 104 or 0.38 per cent to Rs 27,339 per 10 gm in 8 lots.
Analysts said besides a weak trend in the overseas markets after the Federal Reserve said the economy was expected to pick up following a first-quarter slowdown, boosting speculation that interest rates will rise this year, put pressure on gold prices at futures trade here.
In Singapore, gold lost 0.18 per cent to $1,202.40 an ounce on Thursday.
New Delhi: Gold prices fell by Rs 106 to Rs 27,132 per 10 grams in futures trade on Thursday amid a weak trend overseas and profit-booking by speculators.
At Multi Commodity Exchange, gold for delivery in June eased by Rs 106 or 0.39 per cent to Rs 27,132 per 10 grams in a business turnover of 236 lots.
Likewise, the metal for delivery in far-month August shed Rs 104 or 0.38 per cent to Rs 27,339 per 10 gm in 8 lots.
Analysts said besides a weak trend in the overseas markets after the Federal Reserve said the economy was expected to pick up following a first-quarter slowdown, boosting speculation that interest rates will rise this year, put pressure on gold prices at futures trade here.
In Singapore, gold lost 0.18 per cent to $1,202.40 an ounce on Thursday.
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