In contrast, silver recovered moderately after a three -session downtrend on good speculative off-take on the backdrop of festive season demand.
Standard gold (99.5 purity) eased by Rs 10 per 10 gm to close at Rs 30,765 from Tuesday's closing level of Rs 30,775.
Pure gold (99.9 purity) lost Rs 15 per 10 gm to finish at Rs 30,900 from Rs 30,915.
Silver ready (.999 fineness) rose by Rs 390 per kg to conclude at Rs 60,275 as against Rs Rs 59,885 previously.
In New York, gold dipped amid various economic datas from US and China - the world's top two economies - and crisis-hit euro-zone.
Spot gold dropped USD 7.80 to USD 1,701.60 an ounce (28 gm) on the Comex division of the NYMEX late yesterday.
Silver for December contract fell 17 cents to USD 31.62 an ounce.
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