New Delhi: Gold prices Thursday declined slightly by 50 to 32,450 per 10 gm at the bullion market in the national capital, due to weak trend overseas. Silver, however, witnessed a jump of 525 to 38,650 per kg on increased buying by industrial units and coin makers.

Traders said weak trend overseas and lacklustre demand from local jewellers put pressure on the yellow metal in the domestic market.

Globally, gold traded lower by 0.33 per cent at $1,268.98 an ounce, while silver was up by 1.07 per cent at $15.01 an ounce in New York.

In the national capital, gold of 99.9 per cent and 99.5 per cent purities lost 50 each to 32,450 and 32,300 per 10 gm, respectively.

Sovereign gold rose by 100 to 25,100 per piece of eight gram.

Silver ready gained 525 to 38,650 per kg, while weekly-based delivery declined by 478 to 37,203 per kg.

Silver coins moved up by 1,000 and stood at 75,000 for buying and 76,000 for selling of 100 pieces.

This story has been published from a wire agency feed without modifications to the text.