New Delhi: Gold prices fell by Rs220 to Rs30,800 per ten grams in Delhi on Thursday on emergence of profit-selling at prevailing higher levels. However, silver gained for the third-day by adding Rs200 to Rs46,900 per kg on sustained buying by industrial units and coin manufacturers. Traders said profit-selling by stockists at prevailing higher levels against sluggish demand mainly pulled down gold prices. Rising equities lured investors to park their funds for quick gains and that reduced the gold demand, they said. On the domestic front, gold of 99.9 and 99.5% purity plunged by Rs220 each to Rs30,800 and Rs30,600 per ten grams, respectively. It had shot up by Rs320 on Wednesday. Sovereign fell by Rs50 to Rs25,350 per piece of eight grams. On the other hand, silver ready advanced by Rs200 to Rs46,900 per kg and weekly-based delivery by Rs240 to Rs46,690 per kg. It had gained Rs770 in last two days. Silver coins also spurted by Rs1,000 to Rs87,000 for buying and Rs88,000 for selling of 100 pieces.

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