Lead futures prices fell by 0.37 per cent, to Rs 107.95 per kg today, after speculators booked profits at prevailing prices.
Subdued demand in domestic markets also kept pressure on the lead futures.
At the Multi Commodity Exchange counter, lead for delivery in October weakened by 40 paise, or 0.37 per cent, to Rs 107.95 per kg, clocking in a business turnover of 987 lots.
The metal for delivery in November also traded 35 paise, or 0.32 per cent down, to Rs 108.80 per kg, with a business turnover of 75 lots.
Market analysts attributed the fall in lead futures to profit booking by speculators and firming dollar, which reduced demand for base metals and other commodities.