Gold, silver decline on global cues


MUMBAI: Gold prices slipped at the domestic bullion market today on moderate profit-taking by stockists as well as lower jewellery off-take on the back of bearish overseas market.

Silver also dropped further owing to sustained speculative selling amidst reduced industrial demand.

Standard gold of 99.5% purity slid by Rs 125 to close at Rs 27,715 per 10 grams from Saturday's level of Rs 27,840.