Gold and silver ease on weak demand

January 2, 2015

New Delhi-India (Jan 2)  Gold prices eased further at the domestic bullion market today due to weak demand from jewellers and retailers amidst lack of local buying support.

 Elsewhere, silver also extended its fall owing to speculative sell-off and sluggish industrial offtake.

 Standard gold (99.5 purity) moved down by Rs 40 to end at Rs 26,600 per 10 grams from Thursday's level of Rs 26,640.

 Silver (.999 fineness) declined by Rs 120 to finish at Rs 36,615 per kg.


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