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Amid a weak trend overseas, gold prices fell 0.15 per cent to Rs 31,532 per 10 gram at the futures trade today as participants cut down their bets.
At the Multi Commodity Exchange, gold for delivery in August eased Rs 46 or 0.15 per cent to Rs 31,532 per 10 gram in a business turnover of 760 lots.
Likewise, the metal for delivery in far-month October was trading down by Rs 38 or 0.12 per cent to Rs 32,000 per 10 gram in 23 lots.
Analysts said a weak trend in the overseas markets, where gold fell from the highest in more than two years as equities surged and the dollar advanced following a jump in the US payrolls, weighed on the precious metal prices at the futures trade.
Globally, gold slid 0.8 per cent to $1,355.49 an ounce in New York yesterday
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