Gold prices fell by Rs. 80 to Rs. 29,970 per ten grams in the National Capital on Friday on stockists selling against sluggish demand at prevailing higher levels.

Silver also declined by Rs. 200 to Rs. 44,600 per kg on lack of buying support from industrial units and coin makers.

In Mumbai, gold of 99.9 and 99.5 per cent purity dipped by Rs. 55 each to Rs. 29,880 and Rs. 29,730 per ten grams, while silver lost Rs. 400 at Rs. 45,000 per kg.

At the domestic front, gold of 99.9 and 99.5 per cent purity fell by Rs. 80 each to Rs. 29,970 and Rs. 29,770 per ten grams, respectively, while sovereign held steady at Rs. 25,000 per piece of eight grams.

In a similar fashion, silver ready declined by Rs. 200 to Rs. 44,600 per kg and weekly-based delivery by Rs. 300 to Rs. 44,500 per kg.

Silver coins, however, continued to be asked at last level of Rs. 85,000 for buying and Rs. 86,000 for selling of 100 pieces.

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