Gold futures fell by Rs 81, or 0.28%, to Rs 27,728 per 10 grams today as speculators trimmed their positions, tracking weak overseas trends.
At the Multi Commodity Exchange, gold for delivery in February fell by Rs 81, or 0.28%, to Rs 27,728 per 10 grams, with a turnover of 1,371 lots.
The April contract shed Rs 76, or 0.27%, to Rs 28,035 per 10 grams, with a trading volume of 80 lots.
Analysts attributed fall in gold futures to offloading of positions by speculators tracking weak global markets.
Meanwhile, gold fell by 0.39% to $1,610.50 an ounce in early trade in Singapore.