Gold slipped by Rs 5 per 10 grams to Rs 28,640 at the bullion market here following subdued demand from stockist and retailers.
While, silver firmed up modestly by Rs 5 per kg to Rs 37,150 on mild demand from industrial units.
Standard gold (99.5 per cent purity) eased by Rs 5 to close at Rs 28,640 per 10 grams from Wednesday's closing level of Rs 28,645.
Pure gold (99.9 per cent purity) also moved down by same margain to end at Rs 28,790 per 10 grams as against Rs 28,795 previously.
Silver (.999 fineness) gained by Rs 5 to finish at Rs 37,150 per kg as compared to Rs 37,145 earlier.
Globally, gold steadied near a two-week high early today, supported by weakness in stocks and a retreat in the dollar versus the euro as markets awaited the signing of a new US tax bill.
Spot gold was at USD 1,265.45 an ounce in early European trade, little changed from late Wednesday, after hitting its highest since Dec. 6 at USD 1,268.26.
Amongst other precious metal prices, silver was down at USD 16.14 an ounce, having climbed to a two-week peak of USD 16.26 in the previous session.
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