Silver, also met with resistance and dropped by Rs 310 to Rs 36,900 per kg. Bullion traders said slackened demand from jewellers and retailers at prevailing higher levels mainly kept gold prices lower.
They said, however, a firm global trend as investors gauged the outlook for higher US interest rates before the monthly jobs data later this week, restricted the fall.
In the national capital, gold of 99.9 and 99.5 per cent purity fell further by Rs 30 each to Rs 27,000 and Rs 26,850 per ten gramme, respectively.
It had lost Rs 445 in last two sessions. Sovereign, however, held steady at Rs 23,700 per piece of eight gramme.
Silver ready fell by Rs 310 to Rs 36,900 per kg, while weekly-based delivery ruled steady at Rs 36,540 per kg on lack of speculators buying support.
Silver coins dropped by Rs 1,000 to Rs 55,000 for buying and Rs 56,000 for selling of 100 pieces.
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