Silver plunged to a two-month low and closed below the key Rs 44,000 per kilo mark owing to frantic speculative unwinding.
Standard gold (99.5 purity) slipped by Rs 185 to finish at Rs 28,190 per 10 grams as compared to last Saturday's level of Rs 28,375.
Pure gold (99.9 purity) also drifted by same margin to settle at Rs 28,340 per 10 grams from Rs 28,525 previously.
Silver (.999 fineness) slumped by Rs 470 to conclude at Rs 43,665 per kg against Rs 44,135 last weekend.
Gold for December delivery settled at USD 1,299.30 an ounce on the Comex division of the NYMEX late yesterday, while silver September contract gained marginally to USD 19.64 an ounce.
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