NEW DELHI: Gold prices declined further by Rs 275 to Rs 31,425 per ten grams, extending losses for the third straight day in the national capital on Saturday on fall in demand at higher levels amid weak global trend.
While gold fell by Rs 275 to Rs 31,425 per ten grams after losing Rs 2,200 in the last two sessions, silver shed another Rs 70 at Rs 53,930 per kg after losing Rs 4,500 in last two days.
Traders said increased selling by stockists in view of falling demand at prevailing higher levels and a weakening global trend mainly kept pressure on gold and silver prices.
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