Silver too remained under pressure for a third day and lost Rs 180 to Rs 36,070 per kg on poor off-take by industrial units and coin makers.
Traders attributed persistent fall in gold prices to a weak trend in global market as investors weighed prospects of a higher US interest rates ahead of Federal Chief first speech since the last central bank meeting and low demand from jewellers.
Globally, gold fell 1.43 percent to Rs 1,117.20 an ounce and silver by 0.97 percent to USD 15.26 an ounce in New York in yesterday's trade.
In the national capital, gold of 99.9 and 99.5 percent purity tumbled Rs 270 each to Rs 26,430 and Rs 26,280 respectively, a level last seen on September 30. The precious metal had lost Rs 565 in the previous five sessions.
Sovereign, however, held steady at Rs 22,300 per piece of eight grams.
Tracking gold, silver ready declined by Rs 180 to Rs 36,070 per kg and weekly-based delivery by Rs 370 to Rs 35,850 per kg.
Silver coins also slumped by Rs 1,000 to Rs 50,000 for buying and Rs 51,000 for selling of 100 pieces.



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