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Gold down 200 on poor demand; silver by Rs 965

New Delhi, Dec 5: Extending losses for the second straight session, gold prices on Wednesday fell by Rs 200 to Rs 31,680 per 10 grams due to poor demand at prevailing higher levels amid overnight
PTI December 05, 2012 17:27 IST
PTI
New Delhi, Dec 5: Extending losses for the second straight session, gold prices on Wednesday fell by Rs 200 to Rs 31,680 per 10 grams due to poor demand at prevailing higher levels amid overnight losses in the global markets.



Silver followed suit and lost Rs 965 to Rs 61,435 per kg owing to reduced offtake by industrial units and coin makers.

Traders said poor demand at prevailing higher levels and a weakening trend in overseas markets mainly influenced gold prices.