Amid profit-booking by speculators at record levels and a weakening trend overseas, gold futures prices today fell by 0.44 per cent to Rs 29,933 per 10 grams.
At the MCX, gold for delivery in August fell by Rs 132, or 0.44 per cent, to Rs 29,933 per 10 grams, with a business turnover of 1,602 lots.
The October contract shed Rs 125, or 0.41 per cent, to Rs 30,280 per 10 grams in 61 lots.
Analysts said besides profit-booking by speculators at prevailing record levels and a weak trend in Asian region, mainly led to a decline in gold prices at futures trade.
Meanwhile in Singapore, gold traded lower at $1,619.82 an ounce, slipping from one-month high of $1,641.03 yesterday.