Also, the precious metal for delivery in August month contracts shed Rs 11, or 0.04 percent, to Rs 24,709 per ten grams in 720 lots.

Analysts attributed the fall in gold futures to a weak global trend as the Federal Reserve moved closer to boosting US interest rates for the first time since 2006. Globally gold fell 0.4 percent to USD 1,092.49 an ounce in Singapore.

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