Gold prices fell Rs 243 to Rs 49,653 per 10 gram in the national capital on Tuesday,reflecting the weakness in global price of the precious metal, according toHDFC Securities. In the previous trade, the yellow metal had closed at Rs 49,896 per 10 gram. Silver prices also declined Rs 216 to Rs 67,177 per kilogram from Rs 67,393 per kilogram in the previous trade.
In the international market, gold and silver were trading lower at USD 1,868 per ounce and USD 25.70 per ounce, respectively. "Gold prices declined on stronger dollar index," HDFC Securities
Senior Analyst (Commodities) Tapan Patel said.