In the national capital, gold of 99.9 per cent and 99.5 per cent purity went down by Rs 200 each to Rs 30,050 and Rs 29,900 per ten gram, respectively. It had gained Rs 50 in yesterday's trade.
Sovereign also traded lower by Rs 100 to Rs 24,500 per piece of eight gram.
Tracking gold, silver ready dropped by Rs 500 to Rs 38,500 per kg, while weekly-based delivery traded higher by Rs 265 to Rs 37,775 per kg on speculative buying.
Silver coins too plunged by Rs 1,000 to Rs 72,000 for buying and Rs 73,000 for selling of 100 pieces.