Similarly, June contract dropped by Rs 21 or 0.07 per cent to Rs 28,506 per 10 gm in 660 lots.Gold tumbled by Rs 210 to Rs 30,040 per 10 grams at the Delhi spot market yesterday.

Analysts said weakness in the overseas market, where gold dipped to over two-week low on signs of an improving US economy as assets in the largest exchange-traded product sank to a 12-week low, put pressure on the precious metal prices at the futures trade. Globally, gold lost 0.3 per cent to $1,285.96 an ounce in Singapore.

PTI