Silver also softened by Rs 190 to Rs 36,910 per kg on reduced offtake by industrial units and coin makers. Traders said besides weak global trend, low demand from jewellers and retailers mainly led to the decline in prices of both the metals.

Globally, gold fell by 0.06 percent to USD 1,181.30 an ounce and silver by 0.44 percent to USD 15.96 an ounce in New York in yesterday's trade.

In the national capital, gold of 99.9 and 99.5 percent purity fell by Rs 55 each to Rs 27,075 and Rs 26,925 per 10 grams, respectively. Gold prices gained Rs 20 yesterday.

Sovereign also eased by Rs 100 to Rs 23,300 per piece of eight gram. Following gold, silver ready moved down by Rs 190 each to Rs 36,910 per kg and weekly-based delivery by a similar margin to Rs 36,595 per kg.

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