Silver dipped below the Rs 35,000 level and lost another Rs 530 to Rs 34,970 per kg on reduced offtake by industrial units and coin makers.
Traders said sentiments remained weak largely in tune with a weakening global trend amid slowdown in buying activity by jewellers due to fall in demand at current levels.
Globally, gold retreated 0.6 percent to USD 1,133.47 an ounce and silver by 0.8 percent to USD 14.57 an ounce in Singapore.
In the national capital, gold of 99.9 and 99.5 percent purity plunged by Rs 330 each to Rs 27,030 and Rs 26,880 per ten grams, respectively. It had lost Rs 215 yesterday.
In a similar fashion, silver ready dropped by Rs 530 to Rs 34,970 per kg and weekly-based delivery by Rs 725 to Rs 34,470 per kg. Silver coins also tumbled by Rs 1,000 to Rs 50,000 for buying and Rs 51,000 for selling of 100 pieces.


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