Gold fell on Thursday as India's move to hike its import duty on the metal for the second time this year raised concerns about demand in the world's biggest bullion consumer. Spot gold fell 0.5 percent to $1,396.36 by 0656 GMT. It had gained slightly on Wednesday as investors looked for safer assets after a private US jobs reading fell short of expectations. US gold fell $2.30 to $1,396.20, while silver, platinum and palladium tracked gold lower.