Gold falls 0.35% on weak global cues, profit-booking

New Delhi: Gold futures fell 0.35 per cent to Rs 28,269 per 10 grams today as speculators locked-in gains amid a weak global trend. At the Multi Commodity Exchange, gold for delivery in October fell by Rs 84, or 0.35 per cent, to Rs 28,269 per 10 grams in a business turnover of 18 lots.   

On similar lines, the metal for delivery in August declined by Rs 68, or 0.24 per cent, to Rs 28,288 per 10 grams in 464 lots. Market analysts said the fall in gold futures was mostly due to profit booking by speculators and a weak trend overseas.   

Meanwhile, gold prices fell to USD 1,336.69 an ounce in Singapore from USD 1,338.70 on July 11.