Gold futures ease on low demand

New Delhi: Gold futures on Tuesday fell by 0.27 per cent to Rs 50,970 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 137, or 0.27 per cent, to Rs 50,970 per 10 gram in a business turnover of 15,294 lots.

Gold was trading 0.20 per cent down at USD 1,925 per ounce in New York.