In the previous trade, gold had closed at Rs 47,950 per 10 gram.
Silver also tumbled Rs 1,417 to Rs 71,815 per kilogram from Rs 73,232 per kilogram in the previous trade.
In the international market, both gold and silver were trading marginally lower at USD 1,867 per ounce and USD 27.88 per ounce, respectively.
“Gold prices kept range-bound trading on mixed global cues,” according to Tapan Patel, Senior Analyst (Commodities), HDFC Securities.
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