Gold extended losses for the second straight day by losing Rs 100 to Rs 27,790 per 10 grams in the bullion market here today, while silver continued to rise for the fifth day in row and gained Rs 50 to Rs 53,550 per kg.
Traders said sustained selling by stockists due to subdued demand at prevailing higher levels amid a weakening trend in global markets led to the decline in gold prices.
From: http://ping.fm/UrOXS
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