Gold futures prices fell by Rs 88 to Rs 21,018 per 10 grams today as speculators reduced their positions in tandem with weakening global trends.
At the Multi Commodity Exchange, gold for delivery in June fell by Rs 88, or 0.42 per cent, to Rs 21,018 per 10 grams, with a trade volume of just one lot.
Similarly, the metal for delivery in April declined by Rs 76, or 0.37 per cent, to Rs 20,711 per 10 grams, with business turnover of 11 lots.
Traders said fresh offloading by speculators, driven by weakening global trend mainly led to the fall in gold futures prices.
Meanwhile, gold traded lower by $1 to $1,398 an ounce in Asia.