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Extending its falling trend, gold prices moved down by 0.37% to Rs 30,013 per 10 gram in futures trade today as participants indulged in trimming positions even as the metal recovered in global markets.
At the Multi Commodity Exchange, gold for delivery in April eased by Rs 110, or 0.37%, to Rs 30,013 per 10 gm in a business turnover of 2,011 lots.
Likewise, the metal for delivery in far-month June shed Rs 73, or 0.25%, to Rs 29,368 per 10 gm in 299 lots.
Market analysts said off-loading of positions by speculators put pressure on gold prices at futures trade here but metal's recovery overseas, limited the losses.
Globally, gold rose as much as 0.3% to USD 1,344.02 an ounce in Singapore today.
