Gold prices fell by 0.30 percent to Rs 31,330 per ten gram in futures trade today as speculators trimmed positions, tracking a weak global trend. 

At the Multi Commodity Exchange, gold for delivery in October fell by Rs 94 or 0.30% to Rs 31,330 per ten grams in business turnover of 6 lots. 

  The metal for delivery in August contracts traded lower by Rs 91 or 0.29 % to Rs 30,859 per ten grams in 634 lots. 

  Gold on MCX settled down -1.04% at 30950 as global equities stayed in positive territory after the Bank of England (BoE) surprised investors by leaving interest rates unchanged.

  The BoE said it was likely to deliver stimulus to the economy in three weeks, once it assessed how Britain's vote to leave the European Union has affected the economy. Gold touched a two-year high of $1,374.91 last week, after Britain voted to leave the European Union, as worried investors started putting their cash into safe-haven assets. 

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