Gold futures ease on low demand

New Delhi: Gold futures on Tuesday fell by 0.13 per cent to Rs 50,692 per 10 gram as participants offloaded their holdings on low spot demand. On the Multi Commodity Exchange, gold prices for December delivery declined by Rs 66, or 0.13 per cent, to Rs 50,692 per 10 gram in a business turnover of 15,932 lots.

The yellow metal for February delivery eased by Rs 130, or 0.26 per cent, to Rs 50,862 per 10 gram in 666 lots.

Gold was trading 0.26 per cent down at USD 1,915.20 per ounce in New York.