Gold futures fell 0.30 per cent to Rs 31,015 per 10 grams due to profit-booking by participants and a weak global trend.
At the Multi Commodity Exchange, gold for delivery in far-month October fell Rs 93 or 0.30 per cent to Rs 31,015 per 10 grams in a business turnover of 24 lots. On similar lines, the metal for delivery in August declined by Rs 78 or 0.25 per cent to Rs 30,703 per 10 grams in 433 lots.
Market analysts attributed the fall in prices to profit-booking by participants and a weak trend in the global market. Gold traded 0.17 per cent down at $1,265.66 an ounce in Singapore.