Gold prices fell by 0.35 per cent to Rs 28,172 per 10 grams in futures trade today as speculators trimmed their positions, tracking a weak global trend.
Besides, weak trend at spot market on sluggish demand influenced the sentiment.
At the Multi Commodity Exchange, gold for delivery in April fell by Rs 100, or 0.35 per cent to Rs 28,172 per 10 grams in business turnover of 435 lots.
Similarly, the metal for delivery in February lost Rs 71, or 0.25 per cent to Rs 28,763 per 10 grams in 6,878 lots.
Market analysts attributed the fall in gold futures to a weak global trend on speculation that US data will strengthen the dollar and boost the case for the Federal Reserve to slow stimulus.
Meanwhile, gold fell by 0.6 per cent to USD 1,224.81 an ounce in London.
