A day after after hitting a historic milestone of Rs 33,000 per kg, silver today retreated from the peak at the bullion market here on emergence of profit taking at higher levels despite firm global cues.
Gold, too, witnessed sluggishness on lack of local participation at existing higher levels.
Silver ready (.999 fineness) lost Rs 60 per kilo to close at Rs 32,995 from Friday's closing level of Rs 33,055.
Standard gold (99.5 purity) moved down by Rs 10 per ten grams to finish at Rs 19,135 from Rs 19,145 yesterday.
Pure gold (99.9 purity) softened by a similar margin to settle at Rs 19,230 per ten grams, as against Rs 19,240 previously.
In New York, gold for December delivery added $3.70 to $1,277.50 an ounce on the COMEX division of the NYMEX yesterday.
Silver for December delivery gained 4 cents to $20.82 an ounce.