Gold prices fell 0.14 per cent to Rs 30,010 per ten grams at the futures trade today as speculators trimmed their positions due to weak global trend.
On the Multi Commodity Exchange, gold for delivery in December fell Rs 41 or 0.14 per cent to Rs 30,010 per ten grams in a business turnover of 3,052 lots.
Similarly, the yellow metal for delivery in February traded lower by Rs 35 or 0.12 per cent to Rs 29,415 per ten grams in 283 lots.
Analysts said speculators trimmed their positions in tandem with a weak global trend as investors weighed comments from Fed policy makers about the outlook for stimulus amid a rally in equities, which mainly influenced gold prices at the futures trade.
Meanwhile, gold dropped 0.4 per cent to $1,270.97 an ounce in Singapore.