Gold plunges on weak global cues, low demand

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The Times of India :
Snapping its two day rising streak, gold prices slid by Rs 150 to Rs 25,750 per ten grams at the bullion market on Saturday, tracking a weak trend overseas amid easing demand from jewellers at prevailing levels.
Silver followed suit and declined by Rs 275 to Rs 34,025 per kg on reduced offtake by industrial units and coin makers.
Bullion traders said besides weak global trend, fall in demand from jewellers and retailers at existing levels mainly kept pressure on the precious metals prices here.
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