Gold futures ease on low demand

New Delhi, Oct 27 (PTI) Gold futures on Tuesday fell by 0.14 per cent to Rs 50,860 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 70, or 0.14 per cent, to Rs 50,860 per 10 gram in a business turnover of 13,591 lots.

Gold was trading 0.01 per cent lower at USD 1,905.50 per ounce in New York. PTI SHW RUJ RUJ