In futures trading, gold for delivery in October contracts was trading Rs 22 or 0.07 per cent lower at Rs 31,154 per 10 gm in a business turnover of 211 lots at the Multi Commodity Exchange.
Market analysts said the fall in gold futures was mostly in tune with a weak trend overseas as signs of US economic resilience boosted world equities and the dollar, reducing demand for the precious metal as a haven.
Meanwhile, gold prices in global market retreated as much as 0.09 per cent to USD 1,333.80 an ounce in Singapore today.