Silver also declined by Rs 327 to Rs 64,618 per kg from Rs 64,945 per kg in the previous trade.
In the international market, gold was trading lower at USD 1,892 per ounce and silver was flat at USD 23.36 per ounce.
“Gold prices traded weak with spot gold prices at COMEX trading 0.66 per cent down at USD 1,892 per ounce on Wednesday. Gold prices witnessed selling on a stronger dollar,” according to Tapan Patel, Senior Analyst (Commodities), HDFC Securities. PTI SUM MR