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Gold costs fell forcefully by Rs 343 to Rs 28,403 for each ten grams in futures exchange as speculators indulged falling their exposure, following a weak pattern overseas.

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At the Multi Commodity Exchange (MCX), gold for delivery in December was trading pointedly bring down by Rs 343 or 1.19 percent to Rs 28,403 for each ten grams in a business turnover of 809 lots.

Similarly, metal for delivery in far-month February dropped by Rs 312 or 1.09 percent, to Rs 28,418 for every ten grams in 204 lots.

Globally, gold was trading 0.59 percent down at USD 1,176.90 an ounce in Singapore, the most minimal level since February.

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