Gold for delivery in June was trading lower by Rs 162, or 0.55 per cent, to Rs 29,352 per 10 gram, in a business turnover of 1,048 lots at the Multi Commodity Exchange.
On similar lines, the metal for delivery in far-month August eased by Rs 151, or 0.51 per cent, to Rs 29,450 per 10 gram in 11 lots.
Analysts said the fall in gold futures was mostly in tandem with a weak trend overseas and profit-booking by speculators at existing levels.