Gold, silver slip slightly on global cues

Snapping its three-day winning spree, gold prices slipped modestly by Rs 25 per 10 grams at the bullion market here today on subdued offtake from investors and stockists driven by sluggish international markets.
Silver also moved down on speculative selling and mute industrial buying.
Standard gold (99.5 purity) declined by Rs 25 to end at Rs 28,185 per 10 grams from Wednesday's closing level of Rs 28,210.
Pure gold (99.9 purity) also eased by a similar margin to finish at Rs 28,335 per 10 grams as against Rs 28,360 yesterday.
Silver (.999 fineness) also moved down by Rs 35 per kg to conclude at Rs 37,445 from Rs 37,480 previously.

In Europe, gold declined as the dollar firmed ahead of a European Central Bank meeting which will be watched for signs of officials moving away from an ultra-loose monetary policy.
Spot gold fell 0.2 per cent at USD 1,238.04 an ounce in early trade.
Spot silver was down 0.4 per cent to USD 16.17 an ounce.