New Delhi: Gold prices on Wednesday fell Rs 53 to Rs 26,903 per 10 grams in futures trade amid a weak global trend.
At Multi Commodity Exchange, delivery in August contract of gold fell by Rs 53, or 0.20 percent, to Rs 26,903 per 10 grams in a business turnover of 126 lots.
Analysts attributed the fall in gold futures to a weak global trend as investors awaited the outcome of a Federal Reserve meeting this week and a gathering of European finance ministers who will discuss the debt crisis in Greece.
Gold fell 0.2 percent to USD 1,180.35 an ounce in Singapore.
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