Gold futures fell on Thursday as better-than-expected US economic reports boosted the dollar.
At the Multi Commodity Exchange, gold for delivery in October fell by Rs 40, or 0.13 per cent, to Rs 29,846 per 10 grams.
Comex gold futures were down by $5.51 or about 0.38% at $1,322.53 a troy ounce.
Meanwhile, gold was trading at USD 1,318.96 an ounce, its lowest since September 1 in Singapore.
The dollar rose after the US Commerce Department said consumer price inflation rose more than expected in August.
Strong additional data were seen as an opportunity to raise interest rates by the Federal Reserve this year.
A separate report showed that initial jobless claims fell unexpectedly to 284,000 last week, boosting optimism about the strength of the economy.
Bullion Analysts said weak sentiment abroad as investors turned their attention to data on US consumer inflation. later in the day to get clues about the schedule of new rate hikes in the price of gold futures trading here.
The dollar also remained buoyant amid hopes that the administration will implement the tax reform shortly after US President Donald Trump came this week to Democrats and Republicans.
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