At the Multi Commodity Exchange, gold for delivery in February contracts declined by Rs 55, or 0.19 percent, to Rs 28,509 per 10 gram in business turnover of 341 lots.
    
Likewise, the metal for delivery in April shed Rs 44, or 0.16 percent, to Rs 27,898 per 10 gram in 23 lots.
    
Market analysts said that a weak trend in the overseas markets as investor holdings extended declines to the lowest since 2009, mainly put pressure on the gold prices at futures trade.

Globally, gold fell 0.3 percent to USD 1,209.76 an ounce in early trade Singapore on Sunday.

(Agencies)

Latest News  from Business News Desk