Gold futures prices today fell by 0.35 per cent to Rs 31,790 per 10 grams as speculators reduced their exposures amid a weak trend overseas.
At the Multi Commodity Exchange, gold for delivery in December fell by Rs 113, or 0.35 per cent, to Rs 31,790 per 10 grams, with a business turnover of 2,734 lots.
Similarly, the metal for delivery in October moved down by Rs 105, or 0.33 per cent, to Rs 31,430 per 10 grams, with a business turnover of 1,069 lots.
Globally, spot gold fell as much as 0.5 per cent to $1,764 an ounce in Singapore today.
Marketmen said besides a weak trend in global markets on signs of a global slowdown, fall in demand at domestic spot markets, also put pressure on the gold prices at futures trade here.
