Gold prices on Monday fell by Rs.55 to Rs.34,225 per ten grams at the bullion market. The yellow metal tracked a weak trend overseas amid tepid demand from local jewellers, reported news agency PTI quoting the All India Sarafa Association. Silver also followed suit and weakened by Rs.150 to Rs.41,100 per kg owing to reduced offtake by industrial units and coin makers.

Gold prices edged up by Rs.90 to Rs.33,300 per 10 gram at the bullion market Friday on fresh buying by local jewellers to meet wedding season demand amid positive global cues. Silver prices also recovered by Rs.100 to Rs.40,050 per kg on increased offtake by industrial units and coin makers. Moreover, a firm trend overseas supported the rise in yellow metal prices, they said.

Gold prices held steady at Rs.33,210/10 gram at the bullion market Thursday in scattered deals even as the precious metal weakened overseas, according to the All India Sarafa Association. Silver prices, however, turned weak and fell by Rs.210-Rs.39,950/kg due to reduced offtake. Traders attributed the fall in silver to subdued demand from industrial units and coin makers at the local spot market.