Gold slipped 85 rupees, to 29,355 rupees per ten grams at Delhi’s bullion market on Thursday, on reduced offtake by stockists and retailers at existing high levels, and a weak global trend. Silver fell 400 rupees, to 57,500 rupees per kilo, on lack of buying by industrial units.

In London, gold dropped 0.1 per cent, to 1,763 dollars an ounce