Gold futures fell Rs 47 to Rs 30,033 per 10 grams today as participants trimmed positions after a decline in global prices of the precious metal.
The August contract of gold fell by Rs 47, or 0.16 per cent lower, at Rs 30,033 per 10 grams in a business turnover of 123 lots at the Multi Commodity Exchange.
The October delivery too fell by Rs 32, or 0.11 per cent, to Rs 30,337 per 10 grams in one lot.
Market analysts said the fall in gold futures was mostly in tune with a weak trend overseas as the US dollar remained largely unchanged ahead of the US Federal Reserve Chairman Jerome Powell's first congressional testimony.
Gold prices fell 0.06 per cent to USD 1,240.20 an ounce in Singapore today.
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