Gold futures ease on low demand

New Delhi, Feb 2 (PTI) Gold futures on Tuesday fell by 1.18 per cent to Rs 48,146 per 10 gram as participants offloaded their holdings on low spot demand.

On the Multi Commodity Exchange, gold prices for April delivery slipped by Rs 574, or 1.18 per cent, to Rs 48,146 per 10 gram in a business turnover of 12,815 lots.

In the international market, gold was trading 0.84 per cent lower at USD 1,848.30 per ounce in New York. PTI SHW RUJ RUJ