Gold futures ease on low demand

New Delhi: Gold futures on Thursday fell by 0.29 per cent to Rs 50,395 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 147, or 0.29 per cent, to Rs 50,395 per 10 gram in a business turnover of 14,692 lots.

Gold was trading 0.36 per cent down at USD 1,900.50 per ounce in New York.