New Delhi: Gold prices fell Rs 78 to Rs 26,643 per 10 grams in futures trade on December 14, as participants cut down their bets, largely in line with a weak trend overseas. At the Multi Commodity Exchange, gold for delivery in far-month April 2016 was trading lower by Rs 78, or 0.30 per cent, at Rs 25,724 per 10 grams in a business turnover of just one lot.
Also, the metal for delivery in February next year shed Rs 68, or 0.26 per cent, to Rs 25,611 per 10 grams in 167 lots. Analysts said a weakening trend in the overseas markets as investors awaited decision on an increase in interest rate in the Federal Reserve's meet on December 15-16, weighed on the precious metal in futures trade.
Globally, gold fell 0.3 per cent to USD 1,071.25 an ounce in Singapore.
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