Silver prices plunge by Rs 1,331, gold marginally down

Representative Image. Credit: AFP Photo

Gold prices declined marginally to Rs 51,145 per 10 grams while silver plunged by Rs 1,331 per kg in the national capital on Monday, according to HDFC Securities.

In the previous trade, the precious metal settled at Rs 51,150 per 10 grams.

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Silver fell sharply by Rs 1,331 to Rs 54,351 per kg from Rs 55,682 per kg in the previous trade.

In the international market, both gold and silver were trading flat at dollar 1,726.80 per ounce and dollar 18.62 per ounce, respectively.

"Gold prices traded weak with spot gold prices at COMEX trading marginally down at dollar 1,726 per ounce," said Dilip Parmar, Research Analyst at HDFC Securities.