Gold falls Rs 150 on global cues, muted demand

News, Business

New Delhi: Snapping its two-day rising streak, gold prices drifted lower by Rs 150 to Rs 31,250 per 10 grams at the bullion market today, largely on weak global trend amid slackened demand from local jewellers.

However, silver advanced by Rs 100 to Rs 40,300 per kg on increased offtake by industrial units and coin makers.