Prices of gold surged by 8.2% on Friday after Britain voted to leave the European Union
Silver surged by Rs 1,575 a kg on higher speculative and industrial offtake
The rupee too hit a four-month low of 68.21 against the US dollar, making the dollar-quoted gold expensive
Metal sheds Rs 150 to Rs 29,650 per 10 grams in NCR on Monday; Silver loses Rs 160 to Rs 41,200 per kg
SPDR, the largest exchange-traded fund for gold, has seen its holdings rise 40% since January, and 9.4% since April
According to an analyst, gold will push higher until the uncertainty over Brexit lifts
Sentiment dampens amid weak trend overseas where gold retreated from almost two-year highs over Brexit concerns
A vote by Britain to leave the 28-member EU could boost the safe haven appeal of bullion
Rs 150 to trade at Rs 29,800 per 10 grams in New Delhi, Silver rebounds by Rs 260 to Rs 41,360 per kg
US gold was up 0.1% at $1,277.40
Globally, gold rose by 0.30% to $1,273.30 an ounce and silver by 0.29% to $17.28 an ounce in New York
Globally, gold rose by 0.55% to $1,269.50 an ounce and silver by 1.32% to $17.23 an ounce in New York yesterday
Spot gold was up 0.4% at $1,248.30 an ounce by 0355 GMT. It hit a high of $1,249.20 earlier in the session, its strongest since May 24
Markets await Fed's statement on Monday, dollar set to weaken
Globally, gold rose by 0.21% to $1,215.30 an ounce and silver by 0.19% to $15.95 an ounce in Singapore
Consumer appetite falls due to high prices; recent strike hits sales also
Globally, gold fell by 0.55% to $1,212.80 and silver by 0.58% to $16.20 an ounce in New York in yesterday's trade
Silver also dropped Rs 530 to Rs 39,070 per kg due to poor off-take by industrial units and coin makers
Silver touched its lowest in nearly six weeks at $16.12, and was later flat at $ 16.30 an ounce
Silver also recovered by Rs 395 per kg on fresh offtake by industrial units