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Gold futures fell 0.25 per cent to Rs 28,536 per 10 grams today as participants cut down their bets to book profits even as the metal strengthened overseas.
At the Multi Commodity Exchange, gold for delivery in August shed Rs 72 or 0.25 per cent to Rs 28,536 per 10 grams in a business turnover of 581 lots.
Market analysts attributed the fall in prices to profit-booking at current levels but a better trend overseas capped the losses.
Meanwhile, gold traded 0.04 per cent higher at $1,246.07 an ounce in Singapore.
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