Gold loses lustre on muted demand

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NEW DELHI, OCT 23: Gold prices fell Rs 135 to Rs 27,200 per 10 grams at the bullion market on Friday, on slackened demand from jewellers and retailers at prevailing levels.
In the national capital, gold of 99.9 per cent and 99.5 per cent purity were down by Rs 135 each to Rs 27,200 and Rs 27,050 per 10 grams, respectively. Sovereign, however, remained steady at Rs 22,400 per piece of 8 grams.
However, silver ready recovered by Rs 385 to Rs 37,285 per kg on increased offtake by industrial units and coin makers.
Silver coins also rose by Rs 1,000 to Rs 52,000 for buying and Rs 53,000 for selling of 100 pieces.

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