Gold eased at the domestic bullion market today on further selling from stockists and investors and subdued retail buying, mainly influenced by bearish global trend.
Silver ended stable amidst thin activity.
Standard gold of 99.5 per cent purity fell by Rs 100 to finish at Rs 29,300 per 10 grams from Monday's closing level of Rs 29,400.
Pure gold of 99.9 per cent purity also slid by a similar margin to conclude at Rs 29,450 per 10 grams from Rs 29,550.
Silver ready (.999 fineness) quoted steady at its previous level of Rs 52,500 per kilo.
At the global front, gold declined on strong dollar as well as continued outflows from exchange-traded funds (ETF) put pressure on the metal.
In New York, gold for June delivery slipped USD 3.40 to USD 1,572.50 an ounce on the Comex division of the NYMEX late yesterday.
Silver for May contract went down 8 cents to USD 27.14 an ounce.
