Gold prices eased by ₹800 to ₹1.45 lakh per 10 grams in the national capital on Tuesday amid subdued demand in the domestic market.
According to the All India Sarafa Association, the yellow metal of 99.9 per cent purity declined ₹800 to ₹1,45,800 per 10 grams (inclusive of all taxes) from Monday's closing level of ₹1,46,600 per 10 grams.
Silver, however, staged a sharp rebound, snapping a four-session losing streak, rising by Rs 6,000 to Rs 2,30,000 per kilogram (inclusive of all taxes).
The white metal had settled at ₹2,24,000 per kg in the preceding session.
Analysts said gold remained under pressure in the domestic market, while silver attracted value buying after the recent correction.
In the international markets, spot gold traded marginally higher at $4,021.15 per ounce, while silver rose nearly 1 per cent at $58.81 per ounce.