New Delhi, February 26 Gold prices fell by Rs 539 to Rs 1,60,606 per 10 grams in futures trading on Thursday, due to a decline in spot demand.
On the Multi Commodity Exchange, gold contracts for April delivery traded lower by Rs 539, or 0.33 per cent, at Rs 1,60,606 per 10 grams in a trading volume of 647 lots.
Analysts attributed the fall in gold prices to weak global factors.
Globally, gold futures rose by 0.59 per cent to USD 5,196.38 per ounce in New York.