Gold prices fell by Rs 110 to Rs 26,700 per ten grams in the national capital on Saturday on reduced offtake against stockists selling sparked by a weak global trend.

Gold prices on Saturday fell by Rs 125 to Rs 27,700 per 10 grams in the national capital due to sustained selling by stockists on sluggish demand amid a weak global trend.

Gold on Monday fell to its lowest level in 21 months and silver hit a 31-month low on heavy sell off by stockists, taking weak cues from overseas.

Snapping a two-day losing trend, gold prices recovered sharply by Rs 285 to Rs 27,850 per 10 gm in the national capital on Thursday on emergence of stockists buying for the wedding season amid a firm global trend.

Both the precious metals, gold and silver tumbled in the national capital on Tuesday owing to slackened demand at prevailing higher levels amid a weak global trend.

After two days of steep fall, gold prices recovered by Rs 10 to Rs 26,810 per 10 grams in the national capital on Friday on low level buying by retailers.

Gold prices on Saturday dropped by Rs 120 to trade at Rs 27,750 per 10 grams in the bullion market here due to subdued demand at prevailing higher levels.

Snapping a three-day losing streak, both the precious metals, gold and silver, recovered sharply in the national capital on Friday on low-level buying by stockists for the ongoing marriage season amid firm global cues.

Aimed at maintaining its leadership position in the smartphone segment in the country, Korean handset maker Samsung Electronics on Monday announced the launch of its Galaxy Grand Quattro, priced at Rs 17,290.

In restricted trading activities, gold and silver prices fell further in the national capital on Wednesday due to slackened demand at prevailing levels amid a weak global trend.