Globally, gold was trading 0.53 per cent lower at $1,919.50 per ounce in New York. 
Globally, gold was trading 0.53 per cent lower at $1,919.50 per ounce in New York. 
Gold prices on Wednesday fell by Rs 178 to Rs 51,386 per 10 grams in futures trade as participants cut down their bets amid a weak global trend.
On the Multi Commodity Exchange, gold contracts for April delivery declined by Rs 178 or 0.35 per cent to Rs 51,386 per 10 grams in a business turnover of 8,651 lots.
Analysts attributed the fall in prices to trimming of positions by investors tracking a weak trend in international market.
Globally, gold was trading 0.53 per cent lower at $1,919.50 per ounce in New York.
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