(PTI) Gold prices declined ₹510 to ₹59,940 per 10 grams in the national capital on Wednesday amid weak global trends, according to HDFC Securities.
The precious metal had closed at ₹60,450 per 10 grams in the previous trade.
Silver also plummeted ₹920 to ₹74,680 per kg.
"Spot gold prices in the Delhi markets traded at ₹59,940 per 10 grams, down ₹510 per 10 grams," Saumil Gandhi, Senior Analyst - Commodities at HDFC Securities, said.
In the overseas markets, both gold and silver were trading lower at USD 1,986 per ounce and USD 24.79 per ounce, respectively.
Gold prices declined in Asian trading hours on Wednesday due to pullback in US dollar and bond yield, Gandhi said.