- Silver staged a comeback by rising Rs 300 to Rs 36,800 per kg following buying support from industrial units.
- Traders said easing demand from jewellers and retailers at prevailing levels mainly led to decline in gold prices.
- A firming trend overseas where gold rallied as data showed Chinese manufacturing contracted for the record seventh month boosting demand for the safe haven, capped the fall.
- Globally, gold rose 0.8 percent to USD 1,248.67 an ounce in Singapore.
- In the national capital, gold of 99.9 percent and 99.5 percent purity shed Rs 5 each at Rs 29,400 and Rs 29,250 per 10 grams, respectively. It had gained Rs 155 yesterday.
- Sovereign, however, continued to be traded at the previous level of Rs 23,000 per eight grams in limited deals.
- On the other hand, silver ready recovered by Rs 300 to Rs 36,800 per kg and weekly-based delivery by Rs 180 to Rs 36,250 per kg.
- Meanwhile, silver coins held steady at Rs 55,000 for buying and Rs 56,000 for selling of 100 pieces.
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