Gold prices fell by Rs 200 to Rs 31,500 per ten grams in the national capital on Monday on sluggish demand while silver climbed by Rs 470 to Rs 54,000 per kg on increased industrial offtake.
Traders said sluggish demand at prevailing higher levels amid a weak trend in Asian region mainly led to decline in gold prices while increased industrial demand helped silver to trade higher.
Gold in Singapore, which normally set price trend on the domestic front, fell by 0.27 per cent to USD 1,394 an ounce.
Traders said sluggish demand at prevailing higher levels amid a weak trend in Asian region mainly led to decline in gold prices while increased industrial demand helped silver to trade higher.
Gold in Singapore, which normally set price trend on the domestic front, fell by 0.27 per cent to USD 1,394 an ounce.
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