Indian gold futures eased on Tuesday following losses in overseas markets but demand remained weak as buyers were on the sidelines, hoping for a bigger drop.
The actively traded gold for June delivery on the Multi Commodity Exchange (MCX) was 0.69 percent lower at 26,263 rupees per 10 grams at 3.26 p.m.
"Retail demand is slowing down. Many potential buyers made purchases earlier this month. Now we are heading towards the lean demand season," said a Mumbai-based jeweller.
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