Gold futures traded Rs 83 down at Rs 30,870 per 10 grams today as speculators cut bets even as the metal strengthened overseas. Gold for delivery in June shed Rs 83 or 0.27 per cent to Rs 30,8709 per 10 grams in a business turnover of six lots at the Multi Commodity Exchange. Similarly, the metal for delivery in April was trading lower by Rs 70, or 0.23 per cent, to Rs 30,746 per 10 grams in 278 lots. Market analysts said the fall in gold futures was mostly attributed to offloading of positions by participants despite a firm trend in global markets. Meanwhile, gold prices rose by 0.04 per cent to USD 1,347.10 an ounce in Singapore today.
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