Breaking the ten-day rising trend, the price of gold came down by Rs 25 to settle at Rs 18,965 for every 10 grams in New Delhi today. Meanwhile, the price of silver remained constant at Rs 29,200 a kg in a restricted buying activity from the industrial units.

According to market analysts, the main reasons for the downfall in gold prices are the profit-selling by stockiest and the weak global market reports.

Gold usually sets the price trend in the global markets on a domestic front, had a trade which was marginally down by 0.02 percent to 1227.70 US dollars per ounce.

The price of 99.9 per cent and 99.5 per cent pure gold came down by Rs 25 each and settled at Rs 18,965 and Rs 18,865 respectively for every ten grams, while on the other hand the sovereign kept constant at Rs 14,800 for every eight grams piece.

The price of silver ready remained constant at Rs 29,200 for every kg in restricted buying, while on the other hand silver weekly-based delivery decreased by Rs 15 to settle at Rs 28,885 per kg due to lack of speculative buying.

Silver coins still traded on their former level of Rs 34,500 and Rs 34,600 for buying and selling of 100 pieces respectively.