COMEX Gold futures eased today as supportive global equities capped buying in the commodity after recent spurt. The yellow metal has been sliding after falling under $ 1600 per ounce mark. Sentiments remained supportive for global stocks amid continued optimism about impact of the phase one US-China trade deal due to be signed later this week. The Nasdaq and the S&P 500 ended the session at new record closing highs. COMEX Gold futures are currently trading at $ 1546 per ounce, down 0.31% on the day. The metal saw some support around its two week low level. MCX Gold futures are also in red, currently lingering at Rs 39436 per 10 grams, down 0.30% on the day. Local bullion traders are worried about the retail demand following recent surge above Rs 40K in spot prices.