Silver, too, remained weak and declined by Rs 50 per kg to Rs 39,250 per kg due to reduced offtake by industrial units and coin makers.
Marketmen said, sentiment remained downbeat in sync with a weak trend overseas as dollar firmed which eroded demand for the precious metal as a safe-haven.
Besides, slackened demand from the local jewellers and retailers at the domestic spot markets fuelled the downtrend.
Sovereign gold, however, remained steady at Rs 24,600 per piece of 8 gram in restricted activity.
In line with overall trend, silver also traded lower by Rs 50 to Rs 39,250 per kg and weekly-based delivery by Rs 120 to Rs 38,735 per kg.
On the other hand, silver coins continued to be traded at previous levels of Rs 73,000 for buying and Rs 74,000 for selling of 100 pieces.
(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)