Amid a weak trend overseas and profit-booking by speculators, gold prices fell 0.53% to Rs 28,806 per 10 grams in futures trade today.
At the Multi Commodity Exchange, gold for delivery in June eased by Rs 153, or 0.53%, to Rs 28,806 per 10 grams in a business turnover of 343 lots.
Likewise, the metal for delivery in far-month August shed Rs 127, or 0.44%, to Rs 28,532 per 10 grams in nine lots.
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Globally, gold fell 0.50% to $1,321.31 an ounce in Singapore today.