New Delhi: Amid a weak trend overseas and easing demand from jewellers, gold slid for a second straight day and lost Rs 40 to Rs 26,610 per ten grams at the bullion market today.
- Silver followed suit and eased further by Rs 90 to Rs 34,310 per kg owing to reduced off-take by industrial units and coin makers.
- Globally, gold fell by 0.31 percent to USD 1,098.00 an ounce and silver by 0.67 percent to USD 14.00 an ounce in New York in yesterday's trade.
- Besides, muted demand from jewellers and retailers at the domestic spot markets dampened the sentiment.
- In the national capital, gold of 99.9 and 99.5 percent purity declined by Rs 40 each to Rs 26,610 and Rs 26,460 per ten grams, respectively. .
- Sovereign, however, held steady at Rs 22,400 per piece of eight gram.
- In a similar fashion, silver ready fell further by Rs 90 to Rs 34,310 per kg and weekly-based delivery by Rs 130 to Rs 34,225 per kg.
- On the other hand, silver coins traded at previous level of Rs 49,000 for buying and Rs 50,000 for selling of 100 pieces.
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