December 16, 2011 4:57 PM

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Gold falls below <img src="rs.png" height="10" border="0"> 28,000 level

Gold fell below 28,000 level, by losing 375 rupees, to settle at 27,765 rupees per 10 grams at Delhi&apos;s bullion market, today, on sustained selling amid reduced off take at higher levels and a weakening global trend.The yellow metal has lost 1,565 rupees in the past five trading sessions, and has reached to the level last seen on November 3. But, silver rose 500 rupees, to 53,100 rupees per kilo on fresh buying by industrial units and jewelers.In global markets, gold fell 5.90 dollars, to 1,570 dollars an ounce in New York last night.

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