New Delhi, June 10: Gold prices fell for the second straight day in the bullion market today, losing Rs 150 to Rs 19,025 per ten grams on sustained selling by stockists in tandem with the weakening global trend.
Silver also fell by Rs 200 to Rs 29,400 per kg on reduced offtake by industrial units and other consuming industries such as coins makers.
The trading sentiment remained bearish as improving economies in Asia curbed the yellow metal?s appeal as a haven.
Gold in overseas markets, which normally sets the price trend on the domestic front, fell by USD 6.10 dollar to USD 1,227.40 an ounce.
Selling of old scrap gold by retail customers at existing higher levels and a fall in demand also influenced the trading sentiment, traders said.
Standard gold of 99.9 purity fell further by Rs 150 to Rs 19,025 per ten grams
–Agencies