Gold prices fell Rs 53 to Rs 26,903 per 10 grams at the futures trade amid a weak global trend.
On the Multi Commodity Exchange, gold for delivery in August fell Rs 53 or 0.2 per cent to Rs 26,903 per 10 grams in a business turnover of 126 lots.
Analysts attributed the fall in gold futures to a weak global trend as investors awaited the outcome of a Federal Reserve meeting this week and a gathering of European finance ministers who will discuss the debt crisis in Greece.
Gold fell 0.2 per cent to $1,180.35 an ounce in Singapore.