Gold dipped by Rs 138 to Rs 44,113 per 10 gram in the national capital on Tuesday amid decline in global precious metal prices, according to HDFC Securities.
In the previous trade, it had closed at Rs 44,251 per 10 grams.
Silver also declined Rs 320 to Rs 63,212 per kg, from Rs 63,532 per kg in the previous trade.
In the international market, gold was trading lower at $1,698 per ounce and silver was flat at 424.49 per ounce.
HDFC Securities Senior Analyst (Commodities) Tapan Patel said, "Gold prices witnessed selling with COMEX (New York-based commodities exchange) gold falling to two weeks low on stronger dollar."