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Mumbai, July 19 (PTI) Gold prices moved down further in the bullion market here today due to the lack of local buying interest and mild stockists offerings driven by subdued European cues. Silver prices also fell in the absence of demand from industrial users as stockists tried to offload their holdings. Standard gold (99.5 purity) fell by Rs 35 per ten grams to close at Rs 18,290 from last Saturday''s closing level of Rs 18,325. Pure gold (99.9 purity) also declined by a similar margin to settle at Rs 18,380 as against Rs 18,415 last weekend. Silver ready (.999 fineness) slipped by Rs 125 per kilo to end at Rs 29,285 from Rs 29,410 previously. In Europe, spot gold was being quoted at USD 1,189.55 an ounce in early trade as against USD 1,193.10 in New York late on Friday. Silver was being traded at USD 17.76 an ounce against USD 17.79 on Friday.
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