In the international market, gold was trading with marginal gains at USD 1,800 per ounce and silver was flat at USD 24.76 per ounce.
In the international market, gold was trading in the green at USD 1,813 per ounce and silver was flat at USD 25.06 per ounce.
Reduction in line with falling international precious metal prices.
On the Multi Commodity Exchange, gold contracts for the June delivery traded lower by Rs 171, or 0.35 per cent, at Rs 48,303 per 10 gram in a business turnover of 6,693 lots.
In the international market, gold was trading with gains at USD 1,836 per ounce and silver was flat at USD 27.65 per ounce.
Silver also rallied Rs 1,302 to Rs 69,511 per kilogram from Rs 68,209 per kilogram in the previous trade.
In the previous trade, the precious metal had closed at Rs 48,650 per 10 gram. Silver, however, gained marginally by Rs 43 to Rs 66,019 per kg, from Rs 65,976 kg in the previous trade.
In the international market, gold was trading lower at USD 1,889 per ounce, while silver was quoting flat at USD 26.68 per ounce.
Silver prices also jumped Rs 298 to Rs 61,232 per kg, compared with the previous close of Rs 60,934 per kg.
In the international market, gold was trading lower at USD 1,861 an ounce, while silver was down at USD 24.02 an ounce.
Snapping its two-day falling streak, gold prices recovered by Rs 110 per ten grams at the bullion market here today, tracking a firm trend overseas amid renewed buying by jewellers demand.
Smugglers were offering gold at heavy discount during the third quarter and forced many refiners to scale down operations, the WGC said in a report released on Tuesday.
Gold prices have lost nearly 1 percent this week after the Democratic U.S. presidential candidate Hillary Clinton got the better of Republican rival Donald Trump.