The precious metal for delivery in December contracts was trading Rs 226 or 0.74 per cent lower at Rs 30,331 per 10 gram in a business turnover of 507 lots at the Multi Commodity Exchange.
On similar lines, the metal for delivery in far-month February was trading lower by Rs 211 or 0.69 per cent to Rs 30,306 per 10 gram in 18 lots.
Market analysts attributed the fall to a weak trend overseas amid positive developments on the US election front as the FBI said Hillary Clinton would not face charges over her use of a private e mail server, strengthening the dollar and reducing appeal of the precious metal as a safe-haven.