The industrial metal, silver fell below the important psychological Rs 60,000-mark impacted by aggressive speculative unwinding.
Standard gold (99.5 purity) declined by Rs 125 per 10 gm to finish at Rs 30,775 from overnight closing level of Rs 30,900.
Pure gold (99.9 purity) slipped by a similar margin of Rs 125 per 10 gm to conclude at Rs 30,915 from Rs 31,040.
Silver ready (.999 fineness) dropped by Rs 365 per kg to end at Rs 59,885 over its Monday's close of Rs 60,250.
In global market, gold fell to a six-week low ahead of the much awaited two-day US Fed meet amid expectations of holding monetary easing measures after the recent positive data supporting the wider economic recovery.
Spot gold was bid down at USD 1,713.40 an ounce and silver sharply lower at USD 31.83 an ounce.