On the domestic front, gold of 99.9 and 99.5 per cent purity plunged further by Rs 375 each to Rs 28,350 and Rs 28,150 per 10 grams, respectively. Sovereigns continued to be asked around previous level of Rs 24,400 per piece of eight grams in scattered deals.
Globally, gold fell by 0.24 per cent to $1,182.80 an ounce and silver shed 0.72 per cent to $15.89 an ounce in London.
Silver also edged higher by Rs 100 to Rs 36,100 per kg.
At the domestic front, gold of 99.9 and 99.5 per cent purity declined by Rs 20 each to Rs 30,180 and Rs 29,980 per ten grams, respectively.
Traders said reduced offtake by stockists at prevailing higher levels and sluggish demand mainly kept pressure on both gold and silver prices.
Gold prices on Monday recovered by Rs 25 to trade at Rs 27,475 per 10 grams at the bullion market on pick-up in demand from jewellers.
Sha'Carri Richardson wins the Stawell Gift from scratch, storming from the back to claim victory in Australia's iconic 120m handicap sprint.
Traders said stockists selling against sluggish demand at higher levels mainly led to fall in gold and silver prices.
Traders said besides reduced offtake by stockists and jewellers in view of off-marriage season, weak trend in global markets mainly led to the fall in gold and silver prices.
Priyanka Chopra stunned at the Oscars and the post Oscars Vanity Fair party, showcasing her impeccable style with a flawless white gown and a dazzling metallic after-party dress.
Traders said brisk buying by stockists and jewellery fabricators to meet the rising festive and wedding demand mainly led an upsurge in gold and silver prices.
The pair of Rashmika Sahgal and Kapil, who recently won the men's and women's gold in 10m air pistol junior event at the the Asian Championships in Kazakhstan, joined forces to hog the limelight on day three by taking the top spot in air pistol mixed team event.
Traders said apart from fresh buying by jewellers and retailers, firm global trend amid signs of increased demand in China and India, the world's two largest consumers, influenced gold prices.
Traders said subdued demand from jewellers and retailers at prevailing levels and a weak global trend led to fall in gold and silver prices.
Sacred spots and soaring peaks: Bucket-listing across the heartland. Roopa Unnikrishnan and her father journey through the heart of India.
Bullion merchants said sustained buying by stockists on the back of pick-up in seasonal demand and a firm global trend mainly led to the rise in gold and silver prices.
Traders said sustained buying by stockists and retailers amid a firm global trend where gold advanced as the drop to the lowest level in 34 months last week lured buyers mainly influenced the sentiment.
Traders attributed the recovery in gold prices to fresh buying by jewellers to meet festive season demand and a firming global trend as investors weighed tension over Ukraine.
Traders said emergence of buying at prevailing lower levels by jewellers and retailers mainly supported the upside in prices of precious metals.
Marketmen said increased buying by jewellers and retailers to meet the festive season demand amidst a firming global trend mainly kept precious metals higher.
Traders said stockists selling in line with a weak global trend as an improving US economy prompted the Federal Reserve to cut stimulus, which reduced demand for precious metals as alternative assets.
Traders said the fall in gold prices was mostly in line with a weak trend in the global markets as signs of easing tensions in Ukraine curbed demand for the precious metal as a haven.
The last year proved to be a period of reflection for Nikhat Zareen, one that taught her to temper expectations while also strengthening her resolve to fulfil her dream of becoming an Olympic champion.
Virdhawal Khade won the 100m freestyle final on Thursday, breaking his own Games record that was created in the heats., but had to settle for silver in the 100m butterfly.
The tariff value on imported gold earlier stood at $398 per 10 grams, while on silver at $643 per kg.
Silver also traded lower by Rs 400 at Rs 37,600 per kg.
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.
Silver also rebounded by Rs 530 to Rs 43,930 per kg on increased offtake by industrial units and coin makers. It had lost Rs 100 on Wednesday.
Silver also traded higher by Rs 250 to Rs 41,000 per kg on increased offtake by industrial units.
Gold prices declined by Rs 100 to Rs 28,200 per 10 grams at the bullion market on Friday
Sentiments remained firm in precious metals on sustained buying by jewellers and retailers to meet ongoing festive season demand.
Gold lost its sheen with prices falling by Rs 120 to Rs 28,300.
Indian shooter Anish Bhanwala won the silver medal in the men's 25m Rapid Fire Pistol event at the ongoing Asian Shooting Championships in Shymkent, Kazakhstan, on Wednesday.
Gold prices drifted by Rs 100 to Rs 28,400 per ten grams at the bullion market today as demand from jewellers and retailers eased at existing levels amidst a weak global trend.
Celebrate Madhuri Dixit by revisiting her most unforgettable and scene-stealing performances, from her early career breakthroughs to her later nuanced portrayals, showcasing her unparalleled talent and charisma.
While gold fell by Rs 400 to Rs 28,000 per 10 grams, silver plunged by Rs 1,500 to Rs 43,100 per kg on poor offtake.
Traders said weak demand at prevailing higher levels and retailers looking for more correction mainly kept pressure on gold and silver prices.
Most consumers are going for token buying of lesser value and are waiting for price correction for purchase of wedding jewellery.
India's Ayush Shetty secured a spot in the Badminton Asia Championships final after defeating top seed Kunlavut Vitidsarn in a thrilling three-game match.
Gold tumbled by Rs 310 to Rs 30,290 per ten grams in the national capital today on heavy sell-off by stockists and a weak global trend.
