In futures trading, gold for delivery in far-month December was trading Rs 153 or 0.52 per cent down at Rs 28,997 per 10 grams at the Multi Commodity Exchange with a business turnover of six lots.
The metal for delivery in October too fell by Rs 122 or 0.42 per cent to Rs 28,958 per 10 grams in 311 lots.
Analysts said trimming of positions by traders, tracking a weak trend in the overseas markets as data on retail sales and US manufacturing came in better than expected and easing geopolitical tensions between North Korea and the US undercut haven demand for the precious metals, mainly weighed on gold futures.