Gold, silver slip on modest profit-taking

Gold and silver prices eased at the bullion market on modest profit-selling by speculators amidst reduced buying interest at the existing levelsfollowing bearishness at the international markets.

Standard gold of99.5 per cent purity moved down by Rs 45 to end at Rs 28,075 per 10 grams fromWednesday's closing level of Rs 28,120.

Pure gold of 99.9per cent purity went down by Rs 50 to finish at Rs 28,205 per 10 grams asagainst Rs 28,255 yesterday.

Silver ready (.999 fineness)declined by Rs 215 per kg to close at Rs 56,360 per kg from overnight level ofRs 56,575.

In New York, gold witnessed profit selling onhigher dollar amidst stalled Greek bail out talks.

Gold for Aprildelivery fell by $17.10 to $1,731.30 an ounce on the Comex division ofthe NYMEX late yesterday.

March silver wasdown by 49 cents to $33.70 an ounce.