Gold, silver prices slide

New Delhi, July 13: Reduced offtake of precious metals by stockists and jewellers saw gold and silver prices slide in the national capital today amid a weakening trend on the global front.

Gold of 99.9 per cent and 99.5 per cent purity fell by Rs 50 each to Rs 18,650 and Rs 18,550 per ten grams, respectively. Sovereigns also lost Rs 25 to Rs 14,675 per piece of eight grams.

Silver followed suit and fell by Rs 50 to Rs 29,000 per kg on reduced offtake by industrial units, while weekly-based delivery prices dipped by Rs 100 to Rs 28,765 per kg on reduced offtake by speculators.

Silver coins continue to be traded at the previous level of Rs 34,100 for buying and Rs 34,200 for selling of 100 pieces in limited deals.

—Agencies