NEW DELHI, SEPT 29: Gold continued its slide for the third straight day as prices fell by Rs 235 to Rs 26,575 per ten gram at the bullion market on Tuesday on low demand from jewellers and retailers due to ongoing “Shraddhas”, an inauspicious fortnight in Hindu mythology for making fresh purchases.
In the national capital, gold of 99.9 and 99.5 per cent purity tumbled by Rs 235 each to Rs 26,575 and Rs 26,425 per ten gram, respectively. It had lost Rs 440 in last two days.
Sovereign also shed Rs 50 at Rs 22,350 per piece of eight gram.
Silver also slipped below the Rs 35,000-level by plunging Rs 900 to Rs 34,700 per kg on poor offtake by industrial users and coin makers.
