• Silver also eased by Rs 50 to Rs 37,425 per kg due to reduced off-take by industrial units and coin makers.
  • Traders said apart from muted demand from jewellers and retailers at prevailing levels, a weak trend overseas mainly led to the fall in prices.
  • Globally, gold fell 0.38 percent to USD 1,226 an ounce and silver shed 0.42 percent to USD 15.32 an ounce in yesterday's trade in New York.
  • In the national capital, gold of 99.9 and 99.5 per cent purity softened by Rs 40 each to Rs 29,250 and Rs 29,100 per ten grams respectively.
  • The precious metal had climbed Rs 540 in the previous session largely on a firming global trend and a strong demand from domestic jewellers.
  • Sovereign, however, pegged at previous level of Rs 23,000 per piece of eight grams in scattered deals.
  • Tracking gold, silver ready declined by Rs 50 to Rs 37,425 per kg, while weekly-based delivery held steady at Rs 37,510 per kg.
  • Silver coins too remained unaltered at previous level of Rs 54,000 for buying and Rs 55,000 for selling of 100 pieces.

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