Gold prices slipped at the domestic bullion market here today, dampened by tepid demand from local jewellers amid bearish global cues.
Silver too dropped by Rs 60 per kg, dragged down by industrial units and coin makers.
Standard gold (99.5 purity) fell by Rs 25 to close at Rs 30,485 per 10 grams from Wednesday's closing level of Rs 30,510.
Pure gold (99.9 purity) also moved down by a similar margin to end at Rs 30,635 per 10 grams as against Rs 30,660 previously.
Silver (.999 fineness) dipped by Rs 60 to finish at Rs 39,220 per kg as against Rs 39,280 yesterday.
Globally, gold drifted lower despite a weaker dollar as investors worried that US Federal Reserve minutes would highlight the prospect of further rate hikes.
Spot gold was down 0.3 per cent at USD 1,252.15 an ounce in early trade.
Among other precious metals, silver shed 0.8 per cent to USD 15.92 an ounce.
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