Taking negative cues from overseas markets, gold prices softened by 0.21 per cent to Rs 30,838 per 10 grams in futures trade today as participants trimmed positions.
At the Multi Commodity Exchange, gold for delivery in April fell by Rs 64, or 0.21 per cent, to Rs 30,838 per 10 grams in a business turnover of 584 lots.
Similarly, the yellow metal for delivery in June was trading lower by Rs 61, or 0.20 per cent, at Rs 31,081 per 10 grams in 124 lots.
Analysts said offloading of positions by traders in tandem with a weak trend overseas, weighed on gold prices in futures trade.
Globally, gold prices traded a tad lower by 0.08 per cent at USD 1,352.10 an ounce in Singapore today.
Disclaimer: No Business Standard Journalist was involved in creation of this content
