However, silver strengthened by Rs 275 to Rs 35,575 per kg on increased offtake by industrial units and coin makers.
Bullion merchants said a weak trend overseas after the European Central Bank signalled it could increase stimulus, which boosted the dollar and reduced demand for a safe haven, put pressure on the precious metal prices here.
Globally, gold fell 0.08 percent to USD 1,124.10 an ounce in Singapore.
Besides, subdued demand from jewellers and retailers at domestic spot market dampened sentiment, they said.
Sovereign also weakened by Rs 50 to Rs 22,300 per piece of eight grams.
On the other hand, silver ready advanced by Rs 275 to Rs 35,575 per kg and weekly-based delivery by Rs 255 to Rs 34,930 per kg.


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