Gold declined further and closed below the significant Rs 26,000 mark at the domestic bullion market here today due to lack of buying support from jewellery, stockists and traders on sluggish overseas cues.
Elsewhere, silver also moved down owing to subdued industrial offtake.
Standard gold (99.5 purity) dropped by Rs 45 to conclude at Rs 25,975 per 10 gm from last Saturday's closing level of Rs 26,020.
Pure gold (99.9 purity) also fell by a similar margin to end at Rs 26,125 per 10 grams from Rs 26,170.
Silver (.999 fineness) eased by Rs 35 to settle at Rs 36,060 per kg compared to Rs 36,095 weekend.
Globally, the yellow-metal tumbled on fading safe haven demand after Greece agreed a deal with eurozone leaders on a third bailout package and also expectation of US Federal interest rate hike later this year following signs of improving macroeconomic situations.
Spot gold was substantially lower at USD 1,155.60 an ounce in early European trade and silver quoted little changed at USD 15.52 an ounce.
