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Tracking a weak trend overseas, gold prices fell 0.33 per cent to Rs 30,805 per ten grams at the futures trade as participants trimmed their positions.
At the Multi Commodity Exchange, gold for delivery in April declined Rs 102 or 0.33 per cent to Rs 30,805 per ten grams in a business turnover of 832 lots. On similar lines, the yellow metal for delivery in June shed Rs 84 or 0.27 per cent to Rs 31,056 per ten grams in 128 lots.
Analysts said cutting down of positions by traders in line with a weak trend overseas weighed on gold futures. Globally, gold prices fell 0.10 per cent to $1,345.50 an ounce in Singapore.
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