Gold prices fell Rs 64 to Rs 29,363 per 10 grams at the futures trade today as participants trimmed their exposure due to weak global cues.

Gold for delivery in far-month August was trading lower by Rs 64 or 0.22 per cent at Rs 29,363 per 10 grams in a business turnover of six lots at the Multi Commodity Exchange.

On similar lines, the metal for delivery in June eased Rs 60 or 0.20 per cent to Rs 29,245 per 10 grams in 478 lots.

Analysts said the fall in gold futures was mostly in tandem with a weak trend overseas and profit-booking by speculators.

Globally, gold prices fell 0.49 per cent to $1,282.90 an ounce in Singapore.

comment COMMENT NOW