Meanwhile, silver strengthened for the third day owing to industrial buying support.
Standard gold (99.5 purity) fell by Rs 100 to end at Rs 28,760 per 10 grams from Tuesday's level of Rs 28,860.
Pure gold (99.9 purity) also eased by a similar margin to close at Rs 28,910 per 10 grams against Rs 29,010, previously.
However, silver (.999 fineness) rose by Rs 35 per kg to finish at Rs 42,500 as compared to Rs 42,465 earlier.
Spot gold was up 0.1 per cent at USD 1,252.35 per ounce at early trade.
Spot silver slipped 0.1 per cent to USD 18.14 per ounce. In the previous session, the metal hit USD 18.24, the highest since March 2.
Disclaimer: No Business Standard Journalist was involved in creation of this content
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