Though there was no inflow of imported silver in the past couple of days, yet New York silver future fell from 496 cents to 490 cents an ounce, spot silver .999 fineness slipped by Rs 10 at Rs 7990 a kg and silver weekly delivery, on unloading by the bulls, fell by Rs 15 at Rs 7965 a kg.

As compared to gold, demand in silver from local as well as upcountry industrial consumers was reported good. Silver coins remained unchanged.

Mumbai: Gold prices declined, while silver displayed a mixed trend at the local bullion market on Friday.

Silver .999 grade eased modestly by Rs 15 to Rs 8125 (8140) due to lack of fresh demand at the previous day's higher level from local dealers in face of better arrivals. However, silver raw variety looked up slightly by Rs 5 to Rs 8015 w(8010) on scattered demand mainly from industrial users. London silver traded at higher level to $4.95/5 from $4.93 per troy ounce.

In yellow metals, gold biscuit crashed by Rs 300 to Rs 53,200 (53,500) while standard mint and 22-carat prices also declined by Rs 40 and Rs 35 to Rs 4535 (4575) and Rs 4195 (4230 nominal) per 10 gram, respectively in the absence of fresh seasonal demand at the previous day's higher level from local customers and jewellery makers. London gold also eased to $275.50/276.40 compared with 276.15/278.40 per ounce earlier.

Urad up
Pulses prices, at the Delhi grains and pulses market showed a mixed tendency while rice and wheat prices held steady on Friday.

Following heavy rains in Maharashtra and Andhra, urad, moong, etc kharif pulses suffered a setback and importers and stockists have set their eyes on sharp spurt in prices. On emergence of good demand from southern India, urad Maharashtra went up from Rs 1900-2200 to Rs 1975-2265 and MP urad flared up from Rs 1600-1825 to Rs 1650-1875 a quintal. Rangoon urad were reported out of stock.

Similarly, Maharashtra, Karnataka and Rajasthani moong climbed up from Rs 1500-1875 to Rs 1550-1950 a quintal on alround strong Diwali demand.

As against this, following rains in some parts of Gujarat and Rajasthan, gram fell by Rs 30 at Rs 1595 a quintal on stockists selling. Kabligram also tumbled down on unloading by the stockists.

Edible oils sluggish
Business in mill delivery oils, in edible section continued to remain sluggish as duty-free export of raw palm oil quota by Malaysia was increased from 5 lakh tonnes to 7.5 lakh tonnes.