Mumbai: Gold prices slipped at the bullion market here on December 10, on reduced offtake from stockists and investors amid subdued local buying interest.
Elsewhere, silver also dropped following speculative selling and lackluster industrial demand. Standard gold (99.5 purity) fell by Rs 150 to finish at Rs 25,305 per 10 grams from yesterday's closing level of Rs 25,455. Pure gold (99.9 purity) also declined by a similar margin to end at Rs 25,455 per 10 grams as compared to Rs 25,605. Silver (.999 fineness) also dipped by Rs 310 per kg to finish at Rs 34,420 from Rs 34,730 earlier.
In the New York Comex trade, gold for February settle at USD 1,076.50 an ounce yesterday. While silver for March finished higher at USD 14.189 an ounce.
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