• The yellow metal snapped its biggest eleven-day rising streak this year.
  • Silver too shed Rs 50 at Rs 37,800 per kg on reduced offtake by industrial units and coin makers.
  • Traders said besides a weak global trend, fall in demand from jewellers and retailers at prevailing higher levels at domestic spot market, mainly dragged down gold prices from the 21-month high.
  • Globally, the yellow metal fell by 0.68 percent to USD 1,237.90 an ounce and silver by 0.03 percent to USD 15.75 an ounce in New York in yesterday's trade.
  • In the national capital, gold of 99.9 and 99.5 percent purity tumbled by Rs 600 each to Rs 29,050 and Rs 28,900 per ten grams respectively.
  • Sovereign followed suit and declined by Rs 100 to Rs 23,000 per piece of eight grams.
  • In line with the overall trend, silver ready eased by Rs 50 to 37,800 per kg and weekly-based delivery slipped below the Rs 38,000-mark by falling Rs 160 to Rs 37,985 per kg.
  • On the other hand, silver coins held steady Rs 54,000 for buying and Rs 55,000 for selling of 100 pieces.

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