Silver also fell back on subdued industrial buying.
Standard gold of 99.5 per cent purity was down by Rs 190 to end at Rs 27,670 per 10 gm from Thursday's closing level of Rs 27,860.
Pure gold of 99.9 per cent purity lost by Rs 185 to finish at Rs 27,810 per 10 gm from Rs 27,995.
Silver ready (.999 fineness) declined by Rs 275 to close at Rs 44,335 per kg compared to previous closing of Rs 44,610.
Globally, the shiny metal retreated after stronger-than- expected US economic data fuelled speculation that Federal Reserve will begin to unwind its bullion-friendly bond-buying program in the coming months.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
