At the Multi Commodity Exchange, gold for delivery in June fell by Rs 76, or 0.26 per cent to Rs 29,250 per ten grams in a business turnover of 3,735 lots.
Likewise, the yellow metal for delivery in far-month August traded lower by Rs 70, or 0.24 per cent to Rs 29,472 per ten grams in 81 lots.
Analysts attributed the fall in gold futures to profit-booking by traders at existing levels and a weak global trend.