Gold futures fell by 0.19% to Rs 28,517 per 10 grams today as participants indulged in reducing exposures, tracking a weak trend overseas.
At the Multi Commodity Exchange, gold for delivery in April, fell by Rs 54, or 0.19%, to trade at Rs 28,517 per 10 grams in a turnover of 297 lots.
Similarly, the metal for delivery in June shed Rs 19, or 0.07%, to Rs 28,548 per 10 grams in 72 lots.
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Analysts said a weakening trend overseas as further signs of recovery in the US boosted the case for the Federal Reserve to keep reducing stimulus, weighed on gold futures prices here.