Silver also fell sharply on the back of sustained unwinding from speculative traders.
Standard gold (99.5 purity) declined by Rs 35 to end at Rs 26,365 per 10 grams compared to Rs 26,395 yesterday.
Pure gold (99.9 purity) also eased by a similar margin to settle at Rs 26,515 per 10 grams from to Rs 26,545.
Silver (.999 fineness) dropped by Rs 110 to finish at Rs 36,705 per kg against Wednesday's close of Rs 36,815.
Spot gold was little changed at USD 1,173.50 an ounce in early European trading, while silver quoted soft at USD 15.81 an ounce.
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