At the Multi Commodity Exchange, gold for delivery in June fell by Rs 90, or 0.30 per cent to Rs 30,204 per ten grams in a business turnover of 2,444 lots.
Likewise, the yellow metal for delivery in far-month August traded lower by Rs 55, or 0.18 per cent to Rs 30,445 per ten grams in 298 lots.
Analysts attributed the fall in gold futures to profit-booking by traders at existing levels but a firm trend overseas on speculation that the US central bank will be slow to tighten policy further, bolstering the metal's appeal as the dollar sagged.