Gold prices declined by ₹2,800 to ₹1.45 lakh per 10 grams and silver by ₹5,000 in the national capital on Thursday amid subdued demand in the market and weak global trends.
According to the All India Sarafa Association, gold of 99.9 per cent purity fell by ₹2,800 to ₹1,45,300 per 10 grams (inclusive of all taxes) from the previous level of ₹1,48,100 per 10 grams.
Silver also weakened, falling by ₹5,000 to ₹2,26,000 per kg (inclusive of all taxes). The white metal had settled at ₹2,31,000 per kg in the preceding session.
In the international markets, spot gold slipped by $21.15, or 0.53 per cent, to $3,978.06 per ounce, while silver also declined 0.56 per cent at $57.10 per ounce.