Gold prices in India traded lower on the Multi Commodity Exchange (MCX) Tuesday tracking a muted trend in the international spot prices. Silver prices also declined by 1 percent. At 10:50 am, gold futures for December delivery fell 0.48 percent to Rs 50,860 per 10 grams as against the previous close of Rs 51,107 and opening price of Rs 50,870 on the MCX. Silver futures traded 0.83 percent lower at Rs 62,577 per kg. The prices opened at Rs 62,401 as compared to the previous close of Rs 63,098 per kg.