Gold prices declined further to close below the Rs 19,000-mark at the bullion market here today due to sustained sell-off by stockists and speculators in view of weak global cues.
Silver, after trading in a narrow range, settled at its overnight levels owing to reduced off-take at higher levels.
Standard gold (99.5 purity) dropped by Rs 140 per ten grams to finish at Rs 18,935 from Thursday's closing level of Rs 19,075. Pure gold (99.9 purity) fell by Rs 120 per ten grams to end at Rs 19,050, as against Rs 19,170 yesterday.
However, silver ready (.999 fineness) closed unaltered at Rs 32,155 per kilo.In New York, Gold futures for December delivery slipped yesterday by $6.60 to $1,250.90 an ounce on the COMEX division of NYMEX.
Silver for December delivery lost 15 cents to $19.855 an ounce.
