Likewise, the metal for delivery in far-month August shed Rs. 52, or 0.17%, to Rs. 30,168 per 10 gm in 7 lots.
Market analysts said a weakening trend in the overseas markets as investors cut holdings and dollar advanced and curbing demand for the metal as an alternative asset, mainly weighed on the gold prices at futures trade here.
Globally, gold fell 0.3% to USD 1,575.83 an ounce in Singapore on Monday.