Gold falls Rs 2,150 to Rs 1.58 lakh/10g; silver rises Rs 600

Gold prices extended their losses for the second straight session, falling by Rs 2,150 to Rs 1.58 lakh per 10 grams in the National Capital on Tuesday amid a weak trend in global markets. The yellow metal of 99.9 per cent purity depreciated by Rs 2,150 to Rs 1,58,100 per 10 grams (inclusive of all taxes), according to the All India Sarafa Association. It had settled at Rs 1,60,250 per 10 grams in the preceding session. However, silver resumed its upward momentum after remaining flat for the previous two sessions, rising by Rs 600 to Rs 2,41,100 per kilogram (inclusive of all taxes).