Gold prices remained weak for the fourth straight day in the national capital by losing another Rs 10 to Rs 14,290 per 10 gram on constant selling by stockists in tandem with subdued global trend.
However, silver slipped by Rs 250 to Rs 20,350 per kg. Marketmen said constant selling by stockists in line with a weakening trend in the international markets where the metal fell to 864 dollar an ounce mainly pulled down the prices.
They said subdued demand from retail customers, expecting further fall in the gold prices also dampened the trading sentiment to some extent.
Standard gold and ornaments lost another Rs 10 each to Rs 14,290 and Rs 14,140 per 10 gram respectively and sovereign declined by Rs 100 to Rs 12,250 per piece of eight gram.
In a similar fashion, silver ready dropped further by Rs 250 to Rs 20,350 per kg and weekly-based delivery by Rs 330 to Rs 19,870 per kg respectively. Silver coins also lost Rs 100 at Rs 27,800 for buying and Rs 27,900 for selling of 100 pieces.
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