Silver coins, however, continued to trade in a narrow range.
With NEFT, which drives the retail payments value, operationalised on a 24x7x365 basis, the country's payment systems landscape is headed for substantial growth.
Silver also eased by Rs 150 to Rs 41,700 per kg.
Silver coins remained steady at Rs 52,000.
The RBI has issued guidelines and the government has notified it.
Gold falls on muted demand, silver shapes up on fresh buying.
The word was actually coined in 1965!
Silver also rose by Rs 100 to Rs 37,400 per kg.
Silver also fell 0.7 per cent to $15.71 an ounce.
Leaders of that party are now scared of contesting from constituencies dominated by majority population
Ajit Balakrishnan on learning from past technology revolutions.
Kings XI Punjab pacer Sheldon Cottrell is unfazed by the mounting losses of his team in the IPL and asserts that the side will bounce back just as he did after being pummelled by Rahul Tewatia not so long ago.
Silver halted its four-day rising trend and declined by Rs 65 to Rs 41,000 per kg.
Losing the toss three straight times in India has frustrated Faf du Plessis so much that South Africa's embattled Test captain has suggested doing away with the rule in the five-day format.
Gold drifted lower by Rs 200 to trade at one-week low of Rs 31,050 per ten grams.
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.
The sale will be quicker if an Indian private bank buys it; it will take longer for regulatory clearances if a foreign bank or an NBFC buys it, points out Tamal Bandyopadhyay.
Former Australia captain Steve Waugh has denied of backing fellow countryman Ricky Ponting's demand of gettind rid of toss before a Test match, stating that he would prefer the system to remain as it is.
Surprising even his own protocol men, Putin gave Dr Singh an artwork about Tsarevich, who later became Nicholas II, which was a work of art of the Maharajas of Benares reflecting the connection of two royalties.
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