Gold futures traded lower by
0.27 percent at Rs 32,138 per 10 grams Tuesday amid a weakening global trend and profit-booking by speculators.
Gold for delivery in April was trading lower by Rs 86, or 0.27 percent, at Rs 32,138 per 10 grams in a business turnover of 828 lots at the Multi Commodity Exchange.
Similarly, gold to be delivered in August contracts fell by Rs 81, or 0.25 percent, to Rs 32,450 per 10 grams in a business turnover of 33 lots.
Analysts said the fall in gold futures was mostly in tandem with a weak trend overseas where it slipped from an over three-week high hit in the previous session and profit-taking by speculators.
Globally, gold prices fell 0.11 percent to USD 1,320.90 an ounce in New York Tuesday. It had touched over a three-week high of USD 1,322.70 an ounce Monday, its highest since February 28 on Monday.
