Gold slips on muted demand, silver tops Rs 40k

Gold slips on muted demand, silver tops Rs 40k

Mumbai: Gold prices slid by Rs 35 to Rs 31,255 per 10 grams at the bullion market here today owing to slackened demand from local jewellers amid a weak trend overseas.

However, silver firmed up further by Rs 595 to Rs 40,160 per kg owing to persistent offtake by industrial units.