Gold prices eased further on the bullion market on reduced offtake in line with a weak trend in overseas markets and closed with small loss.
Silver, on the other hand edged up on industrial units purchasing along with a fresh rise in its prices in international markets where it was quoted 3 cents higher at $ 6.47 US per troy ounce.
Marketmen said gold was lower, influenced by a weak trend in international markets where traders considered the US President George Bush