Gold futures fell marginally by 0.09% to Rs 27,627 per 10 grams today, tracking a weak trend overseas on concern that an escalation of Europe's debt crisis may weigh on global growth.
In addition, subdued demand in the domestic spot market at prevailing levels put pressure on gold prices in futures trade here.
At the Multi Commodity Exchange, February gold fell by Rs 24, or 0.09%, to Rs 27,627 per 10 grams, with an open interest for 645 lots.
The April delivery shed Rs 22, or 0.08%, to Rs 27,949 per 10 grams, with a trading volume of 28 lots.
Market analysts said a weakening trend overseas on worries that an escalation of Europe's debt crisis may weigh on global growth amid slowing demand in China, mainly led to a fall in gold futures prices here.
Meanwhile, gold fell by 0.5% to an almost one- week low of $1,586.13 an ounce in Singapore.