Gold declines Rs 389, silver tumbles Rs 466

New Delhi: Gold prices fell by Rs 389 to Rs 51,192 per 10 gram in the national capital on Monday, in line with a weak global trend, according to HDFC Securities. In the previous trade, the yellow metal had closed at Rs 51,581 per 10 gram.

Silver prices also declined Rs 466 to Rs 61,902 per kilogram from Rs 62,368 per kilogram in the previous trade.

In the international market, gold was quoting lower at USD 1,892 per ounce, while silver was trading flat at USD 23.81 per ounce.