Silver too plunged by Rs 1,450 to Rs 53,750 per kg.
Sovereign found selective buying and rose by Rs 100 to Rs 25,300 per piece of eight gram.
In line with a general weak trend, silver plunged by Rs 1,450 to Rs 53,750 per kg while weekly-based delivery spurted by Rs 1,545 to Rs 55,200 per kg on speculative buying. The white metal had gained Rs 650 in last two sessions.
However, silver coins lacked necessary buying support at higher levels and dropped by Rs 1,000 to Rs 79,000 for buying and Rs 80,000 for selling of 100 pieces.
