Silver also extended losses for the fourth day and lost another Rs 200 to Rs 42,000 per kg due to reduced offtake by industrial units and coin makers.
Traders said sustained selling by stockists in tandem with a weakening global trend mainly kept pressure on precious metal prices.
Gold in New York, which normally sets price trend on the domestic front, fell by 0.66 per cent to 1,260.90 an ounce and silver by 0.57 per cent to $19.06
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