Gold futures prices today fell by Rs 37 to Rs 30,661 per 10 gm alongside the weakening global markets trend and amid subdued demand in spot markets.
At the Multi Commodity Exchange, the February contract fell by Rs 37, or 0.12%, to Rs 30,661 per 10 gm in a business turnover of 1,204 lots.
Similarly, the April contract fell by Rs 31, or 0.10%, to Rs 31,090 per 10 gm in 62 lots.
Market analysts say some investors sold the metal causing a weak trend overseas amid negotiations between US lawmakers to strike a budget deal before the end of the year.
Besides, fall in spot demand also kept pressure on Gold prices, they added.
Meanwhile, gold eased by 0.40% to trade at $ 1,653.55 an ounce in Singapore.
