New Delhi: Gold prices fell by Rs 210 to Rs 26,600 per 10 grams at the bullion market today.
However, silver continued to rally and surged by Rs 150 to Rs 35,760 per kg on the back of increased offtake by coin makers ahead of Diwali festival.
According to bullion merchants, weakness in gold overseas after Friday’s rally and slowdown in buying activity by jewelers following fall in demand at prevailing levels, mainly dragged down gold prices.
Globally, gold was trading 0.17 per cent down at USD 1,137.50 an ounce in Singapore but silver rose 0.43 per cent to USD 15.33 an ounce.
However, silver advanced by Rs 150 to Rs 35,950 per kg and weekly-based delivery zoomed Rs 1,185 to Rs 35,760 per kg on speculative activity.
Silver coins also strengthened by Rs 1,000 to Rs 51,000 for buying and Rs 52,000 for selling of 100 pieces.
