Silver also eased by Rs 200 to Rs 37,200 per kg.
The domestic currency had lost 63 paise to close at over four-month low of 61.18 against the dollar in Friday's trade on weakness in global stock markets and a strong US currency overseas.
After claiming that there will be an "earthquake" if he speaks, Rahul Gandhi on Wednesday alleged that he has detailed information about "personal corruption" by Prime Minister Narendra Modi which he wants to present in Lok Sabha but is not being allowed to do so by the prime minister.
Silver, however, found some buying support.
Traders said fall in demand from jewellers and retailers at existing levels mainly led to the fall in gold prices but a better trend overseas restricted losses.
The report states that while the national government sometimes spoke out against incidents of violence, local political leaders often did not, and at times made public remarks that individuals could interpret as condoning violence.
In the national capital, gold of 99.9 and 99.5 per cent purity advanced by Rs 160 each to Rs 31,350 and Rs 31,150 per ten grams, respectively.
The precious metal had gained Rs 325 in the previous two sessions.
Silver coins also spurted by Rs 1,000.
'It is perplexing to see the leader of the First World with a first rate medical infrastructure come up short on its foresight to handle the pandemic,' notes Group Captain Murli Menon (retd).
Traders said some buying by jewellers and retailers and a firm trend in Asian region mainly kept gold prices steady.
While OPEC has been unable to agree on an output freeze in an effort to support prices, Iraq was the latest Middle East producer to raise its exports quota
Globally, gold fell by 0.94 per cent to $1,094.20.
Silver also eased by Rs 100 to Rs 39,400 per kg.
In the fourth of a six-part series Sahil Makkar finds out how badly Jalandhar's sports goods industry was hit by the note ban and the price it continues to pay.
Silver followed suit and advanced by Rs 50 to Rs 33,750 per kg.
Director General of Police B S Sandhu said with the arrest of Manish and the army man, Pankaj, all the key accused allegedly involved in the incident, have now been arrested.
Silver coins also spurted by Rs 1,000 to Rs 56,000.
The government on Tuesday announced hikes in import duties for gold and silver, but it has yet to unveil other details such as its plan to tax imports of non-essential items.
Gold remained weak for the second straight day and prices fell by another Rs 190 to Rs 26,810 per ten grams.
Globally, gold was trading 0.35 per cent lower at $1,267.20 an ounce in Singapore.
Pentagon said he has withdrawn citing disruption in his financial interests
Gold prices went up by Rs 130 to Rs 26,930 per 10 grams at the bullion market in New Delhi on Monday on increased buying by jewellers and retailers amid ongoing wedding season demand.
Silver also turned weak and prices eased by Rs 100 to Rs 36,900.
Gold prices on Tuesday drifted by Rs 70 to Rs 27,050 per ten grams at the bullion market owing to slackened demand.
"It would be a big deal, increasing the team's appeal and also because it would bigger business for Juve, through merchandising," a Milan-based trader said.
Gold prices recovered by Rs 50 to Rs 26,800 per 10 grams at the bullion market on Friday.
Traders said apart from fall in demand from jewellers and retailers at prevailing levels, a weak global trend as the strengthening dollar eroded appeal for the precious metal, mainly influenced sentiments in New Delhi.
Fresh demand for the US currency from importers and banks alongside sustained capital outflows by foreign funds weighed on the local unit
The death toll climbed to 15,301 with 407 new fatalities, according to the Union health ministry data.
The rupee closed at 59.90 in Wednesday's trade, gaining just one paisa from its previous close.
Silver also traded lower by Rs 400 at Rs 37,600 per kg.
'I felt that the idea about putting money into bank accounts of the poor was a right one if implemented with sincerity'
Modi said his critics were seeing slowdown in the last two quarters but were ignoring that the BJP government had brought down inflation from 10% to 2.5%.
Former head of McKinsey & Co,c, is not alone in writing a book on his life after serving a prison term.
Retail investors should not invest for bonus or dividend because in order to make money over the long term.
Reckless lending during the three years of the retail credit boom beginning 2003-04 is hurting public sector banks hard.
While okra was being sold for Rs 100-120 a kg and cauliflower for Rs 120-140 a kg in Mumbai and its suburbs, all other vegetable prices have increased by almost 100 per cent since July 20.
'The outrage that followed the destruction of the Babri Masjid was an inability to see the event for what it was: The rectification of a grave historical wrong, the restitution of a hurt of a people and the countering of moral injustice,' argues Vivek Gumaste.
Silver followed suit and traded Rs 90 higher at Rs 38,290 per kg on increased offtake by industrial units and coin makers.