Gold drops further on profit-taking, silver also slips
Mumbai, October 01: Gold declined further at the bullion mark here today on sustained selling by stockists and speculators despite prices ruling firm at the global level.
Silver, after touching a fresh all-time high yesterday, also encountered profit-taking to close lower.
Standard gold (99.5 purity) dropped by Rs 55 per ten grams to end at Rs 19,095 from overnight closing level of Rs 19,150.
Pure gold (99.9 purity) also fell by a similar margin to finish at Rs 19,185, as against Rs 19,240 yesterday.