Gold futures on Tuesday fell 0.13 per cent to Rs 47,881 per 10 gram as participants offloaded their holdings on low spot demand.
On the Multi Commodity Exchange, gold prices for August delivery fell by Rs 63, or 0.13 per cent, to Rs 47,881 per 10 gram in a business turnover of 14,059 lots.
The yellow metal for October delivery declined by Rs 63, or 0.13 per cent, to Rs 48,028 per 10 gram in 5,742 lots.
Gold was trading 0.17 per cent down at USD 1,763.40 per ounce in New York.
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