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Gold futures traded lower by Rs 114 at Rs 29,316 per 10 grams today due to a weak global trend and profit-booking by speculators.
Gold for delivery in June was trading lower by Rs 114 or 0.39 per cent at Rs 29,316 per 10 grams in a business turnover of 557 lots at the Multi Commodity Exchange.
On similar lines, the metal for delivery in far-month August eased Rs 95 or 0.32 per cent to Rs 29,470 per 10 gram in 18 lots.
Analysts said the fall in gold futures was mostly in tandem with a weak trend overseas and profit-booking by participants at existing levels.
Globally, gold prices fell 0.15 per cent to $1,282.10 an ounce in Singapore.
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