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Gold prices fell 0.3 per cent to Rs 27,581 per 10 grams at the futures trade today amid a weak trend overseas and profit-booking by speculators.
On the Multi Commodity Exchange, gold for delivery in August fell Rs 82 or 0.3 per cent to Rs 27,581 per 10 grams in a business turnover of 954 lots.
In a similar fashion, the metal for delivery in October shed Rs 83 or 0.3 per cent to Rs 27,680 per 10 grams in 31 lots.
Analysts said a weak trend in the overseas market, where gold retreated from a three-month high before employment data that may show the US economy is gaining momentum, put pressure on the prices of the precious metal at the futures trade here.
Globally, the yellow metal lost 0.3 per cent to $1,322.96 an ounce in Singapore today.
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