On the other hand, silver surged further owing to sustained offtake from industrial users.
Standard gold (99.5 purity) moved down by Rs 15 to finish at Rs 27,905 per 10 grams from Monday's closing of Rs 27,920.
Pure gold (99.9 purity) also went down by a similar margin to close at Rs 28,055 per 10 grams from Rs 28,070.
However, silver (.999 fineness) rose by Rs 645 to conclude at Rs 39,520 per kg as against Rs 38,875 yesterday.
On the global front, gold rose in early trade, recovering some of the previous session's losses, as a heightened appetite for risk in wider markets boosted commodities, and as markets mulled the timing of a potential U.S. Rate rise after some downbeat economic data.