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Tracking a weak trend overseas, gold futures fell 0.11 per cent to Rs 27,835 per 10 grams today as speculators reduced their exposures amid a weak global trend.
On the Multi Commodity Exchange, gold for delivery in August fell Rs 31 or 0.11 per cent to Rs 27,835 per 10 grams in a business turnover of 525 lots.
Similarly, the metal for delivery in far-month October eased by Rs 6 or 0.02 per cent to Rs 27,940 per 10 grams in 113 lots.
Market analysts said the fall in gold futures was mostly in line with a weak trend overseas.
Meanwhile, gold prices fell 0.03 per cent to trade at one-week low of $1,299.40 an ounce in Singapore today.
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