Silver followed suit and dropped by Rs 90 per kg on reduced offtake by industrial units.
Standard gold (99.5 purity) fell by Rs 135 to close at Rs 28,400 per 10 grams from its overnight closing level of Rs 28,535.
Pure gold (99.9 purity) also moved down by a similar margin to finish at Rs 28,550 per 10 grams against Rs 28,685 earlier.
Silver (.999 fineness) dropped by Rs 90 to finish at Rs 36,640 per kg from yesterday's close of Rs 36,730.
Spot gold rose 0.2 per cent to USD 1,244.74 an ounce at early trade.
Among other precious metals, silver rose 0.4 per cent to USD 15.77 an ounce.
Disclaimer: No Business Standard Journalist was involved in creation of this content
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 →*Subscribe to Business Standard digital and get complimentary access to The New York Times
Smart Quarterly
₹900
3 Months
₹300/Month
SAVE 25%
Smart Essential
₹2,700
1 Year
₹225/Month
SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months
Super Saver
₹3,900
2 Years
₹162/Month
Subscribe
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
SAVE 25%