MUMBAI, OCT 01, 2015: Continuing its losing streak for the fifth straight day, gold lost Rs 250 to Rs 26,150 at the bullion market on Thursday, largely due to weak global trend amid subdued demand from jewellers.
Silver also shed Rs 150 to Rs 34,600 per kg on reduced offtake by industrial units and coin makers.
In the national capital, gold of 99.9 and 99.5 per cent purity dropped by Rs 250 each to Rs 26,150 and Rs 26,000 per ten grams, a level last seen on August 13.
Sovereign also went down by Rs 100 to close at Rs 22,100 per piece of eight grams in limited deals.
Similarly, silver ready also fell by Rs 150 to Rs 34,600 per kg and weekly-based delivery traded lower by Rs 170 to Rs 34,645 per kg.
Silver coins too lost Rs 1,000 at Rs 49,000 for buying and Rs 50,000 for selling of 100 pieces.