Gold Prices Drop Further Below Rs 30,000, Silver Extends Loss

New Delhi: Falling for the second straight day, gold prices dropped by another Rs 200 to Rs 29,550 per 10 grams on Tuesday, tracking a weak trend overseas amid muted demand from local jewellers. Silver followed suit and fell further by Rs 300 to Rs 42,500 per kg due to reduced offtake from industrial units and coin makers. Marketmen said a weak trend overseas as investors anticipate higher borrowing costs in the US next week that s...