Gold plunges to Rs.29,150 at Delhi's bullion market

Gold fell for the second straight day, plunging 400 rupees, to 29,150 rupees per ten grams at Delhi's bullion market, today, on reduced off-take by jewelers, and a weak trend overseas.

Silver slumped 550 rupees, to 40,950 rupees per kilo, amid poor



off-take by industrial units and coin makers. Silver coins remained unchanged, at 72,000 rupees for buying 100 pieces. 

Overseas, gold fell 0.4 per cent, to 1,184 dollars an ounce. Silver lost 0.3 per cent, to 16.70 dollars an ounce.