June 8, 2011 5:20 PM

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Gold dips to 22,680 rupees on weak global cues<br/>

Gold declined 130 rupees, to 22,680 rupees per ten grams at Delhi&apos;s bullion market on Wednesday amid a weak global trend. Silver fell 500 rupees to 54,700 rupees per kilo. Overseas, gold shed 0.4 per cent, to 1,539 dollars an ounce, as European debt concerns eased, eroding the appeal of the precious metal as a safe haven asset. Silver lost 1.2 per cent, to 36.70 dollars an ounce.

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