New Delhi :Gold  Prices were at Rs 29,950 per 10 grams after falling by Rs: 350/-  in the national capital on Wednesday. This occurred on fresh selling by stockiest due to a fall in demand at prevailing levels. 

Silver, however, went up for the third day to touch Rs: 42,300 due to increased uptake by industrial units.  The drop in gold prices is also related to the appreciation of the rupee.

Sovereign followed suit and lost Rs 100 at Rs 25,000 per piece of eight grams. On the other hand the white metal had gained Rs 550 in the previous two sessions.