Gold, silver fall on subdued demand

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NEW DELHI, OCT 19: Gold lost Rs 100 to settle at Rs 27,150 per ten grams at the bullion market today, on subdued demand from jewellers at prevailing levels.
Silver also plunged Rs 200 to close at Rs 37,100 per kg on reduced offtake by industrial units and coin makers.
In the national capital, gold of 99.9 per cent and 99.5 per cent purity declined by Rs 100 each to Rs 27,150 and Rs 27,000 per 10 grams, respectively. It had gained Rs 100 on Saturday’s trade.
Sovereign, however, held steady at Rs 22,400 per piece of eight grams.
Silver ready traded lower by Rs 200 to Rs 37,100 per kg. Silver coins continued to rule flat at Rs 52,000 for buying and Rs 53,000 for selling of 100 pieces.

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