Gold futures fall on low demand

New Delhi: Gold futures on Tuesday fell by 0.25 per cent to Rs 50,938 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 129, or 0.25 per cent, to Rs 50,938 per 10 gram in a business turnover of 12,779 lots.

However, gold was trading 0.07 per cent up at USD 1,893.80 per ounce in New York.