Gold prices fell 0.21 per cent to Rs 28,149 per 10 gm at the futures trade today due to profit-booking by speculators amid a weak trend overseas.
On the Multi Commodity Exchange, gold for delivery in August eased by Rs 58 or 0.21 per cent to Rs 28,149 per 10 gm in a business turnover of 148 lots. Likewise, the metal for delivery in far-month October shed Rs 55 or 0.2 per cent to Rs 28,001 per 10 gm in 770 lots.
Analysts said apart from profit-booking by speculators, a weak trend in the overseas market, has put pressure on gold prices at the futures trade here.
Globally, gold fell 0.2 per cent to $1,322.06 an ounce in Singapore today.