Gold prices on Thursday fell by ₹320 to close at ₹32,220 per 10 gram at the bullion market here on sluggish demand from local jewellers amid weak global cues.
Silver, however, gained ₹250 to ₹38,800 per kg on strong demand from industrial units and coin makers.
Traders said low demand from jewellers and weak global cues exerted pressure on the gold prices.
In the national capital, gold of 99.9% and 99.5% purities fell by ₹320 each to ₹32,220 and ₹32,070 per 10 gram, respectively.
Sovereign gold, however, held steady at ₹25,000 per piece of 8 gram.
Globally, gold traded at USD 1,245.64 an ounce in New York, while silver stood at USD 14.71 an ounce.
Silver ready surged by ₹250 to ₹38,800 per kg, while weekly-based delivery was up by ₹170 to ₹38,351 per kg.
Besides, silver coins remained unchanged at ₹74,000 for buying and ₹75,000 for selling of 100 pieces.