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Gold prices fell 0.16 per cent to Rs 28,155 per 10 grams at the futures trade today as speculators trimmed positions due to a weak global trend.
On the Multi Commodity Exchange, gold for delivery in August fell Rs 44 or 0.16 per cent to Rs 28,155 per 10 grams in a business turnover of 1,396 lots.
In a similar fashion, the yellow metal for delivery in October contracts shed Rs 11 or 0.04 per cent to Rs 28,100 per 10 grams in 71 lots.
Market analysts said the fall in gold futures was mostly in line with a weak trend overseas amid investors weighing the outlook for US monetary policy against increased geopolitical tensions.
Meanwhile, gold fell 0.3 per cent to $1,315.72 an ounce in Singapore.
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