At the Multi Commodity Exchange (MCX), the February contract shed Rs 8, or 0.03% to Rs 30,027 per ten grams in 456 lots.
Prices dropped as speculators booked profits.
Sluggish spot market demand also affected the gold futures trade.
Firming trend overseas capped the fall at futures trade.
In Singapore, gold rose 0.2% to $1,671.27 an ounce


