Elsewhere, silver also eased on the back of lower industrial offtake.
Standard gold (99.5 purity) fell by Rs 200 to end at Rs 26,000 per 10 grams from Tuesday's close of Rs 26,200.
Pure gold (99.9 purity) also declined by a similar margin to close at Rs 26,150 per 10 grams against Rs 26,350 earlier.
Silver (.999 fineness) eased by Rs 65 to finish at Rs 35,165 per kg compared to Rs 35,230 yesterday.
At the overseas, gold eased in early European trade, staying on track for its biggest quarterly loss in a year as the dollar strengthened and the market awaited clarity on the timing of a hotly anticipated US interest rate rise.