ALSO READGold dearer by Rs 160 per gram, Silver crosses Rs 39,000 per kg Gold recovers after 2 days of losses, still set for worst week in 6 months Indian gold price discounts remain sluggish, Chinese premiums stable Gold inches higher, silver crosses Rs 39,000 mark on global cues Gold rebounds on global cues, silver jumps Rs 515/kg
Silver, on the other hand, recaptured the Rs 42,000-mark due to increased offtake by industrial units and coin makers.
Globally, gold fell 0.19 per cent to $1,336.90 an ounce in Singapore.
In the national capital, gold of 99.9 per cent and 99.5 per cent purity slipped by Rs 50 each to Rs 30,550 and Rs 30,400 per 10 grams respectively. The precious metal had gained Rs 550 in the previous three sessions.
Sovereign, however, remained flat at Rs 24,600 per piece of eight grams.
Silver ready advanced by Rs 300 to Rs 42,000 per kg, while weekly-based delivery rallied by Rs 940 to Rs 41,500 per kg.
Silver coins continued to be traded at the previous level of Rs 74,000 for buying and Rs 75,000 for selling of 100 pieces.