Gold fell 65 rupees, to 31,475 rupees per ten grams at Delhi’s bullion market today. Traders said appreciating rupee as well as weak demand in the overseas market led to a slide in gold prices. Fall in demand from jewelers as well as retailers kept pressure on the prices.

Silver lost 85 rupees, to 37,075 rupees per kilo on weak demand from industrial units and coin makers. Silver coins ended flat, at 72,000 rupees for buying 100 pieces.