Gold prices fell by Rs 7 to Rs 32,036 per 10 grams in futures trade on January 22 as participants trimmed their positions to book profits amid a weak trend overseas.
At the Multi Commodity Exchange, gold for delivery in February was trading lower by Rs 7, or 0.02 percent, at Rs 32,036 per 10 grams in a business turnover of 615 lots.
Analysts said apart from the profit-booking at current levels by speculators, a weakening trend overseas, as a firmer dollar made bullion more expensive for buyers using other currencies, weighed on the precious metal in futures trade.
Globally, gold fell 0.13 percent to USD 1,278.90 an ounce in New York.
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