Gold prices declined further at the domestic bullion market today on lack of buying interest from stockists and traders at current levels amidst weakening trend in overseas markets.
Silver improved further on sustained speculative off-take amidst industrial buying.
Standard gold (99.5 purity) slipped by Rs 95 to close at Rs 29,660 per 10 grams from yesterday's closing level of Rs 29,755.
Pure gold (99.9 purity) also fell by Rs 100 to finish at Rs 29,790 per 10 grams from Rs 29,890 previously.
However, silver ready (.999 fineness) moved up further by Rs 35 per kg to conclude at Rs 53,750, as against Rs 53,715 on Tuesday.
In London, gold prices eased today, as the euro ran into profit-taking and stock markets dipped, with the previous day's burst of risk appetite running out of steam after German economic data showed a drop in imports and exports.
Spot gold was down 0.2 per cent at $1,607.21 an ounce in early trade, while US gold futures for December delivery were down $2.80 an ounce at $1,610.00.
Silver was lost 0.6 per cent at $27.91 an ounce.
Image: Lisi Niesner/Reuters
