Gold prices eased by Rs 103 to Rs 98,593 per 10 grams in Wednesday’s futures trade, weighed down by subdued spot demand.

On the Multi Commodity Exchange (MCX), October gold contracts fell 0.1% or Rs 103 to Rs 98,593 per 10 grams, with a turnover of 14,029 lots.

Analysts said weak global cues contributed to the decline in the precious metal.