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Amid a weak global trend, gold futures traded down by Rs 96 at Rs 27,007 per 10 gm today as speculators reduced their positions.
Gold for delivery in far-month August dropped by Rs 96 or 0.35 per cent to Rs 27,007 per 10 gm in a business turnover of one lot on the Multi Commodity Exchange.
In a similar fashion, the metal for delivery in June shed Rs 91 or 0.34 per cent to Rs 26,845 per 10 gm in 221 lots.
Market analysts said the fall in gold futures was mostly in tune with a weak trend overseas and profit-booking by speculators.
Meanwhile, gold prices fell 0.21 per cent to $1,199.30 an ounce in Singapore today.
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