Gold prices inched up by Rs 25 to Rs 31,175 per ten grams at the bullion market today on mild buying by jewellers at domestic spot market even as the metal weakened overseas. 

Traders said scattered buying by jewellers at domestic spot market led to rise in gold prices but weak trend overseas capped the gain. Globally, gold fell 0.08 percent to USD 1,326.70 an ounce and silver by 0.47 percent to USD 18.94 an ounce in London in early trade today.

Gold fell on Monday as pressure from speculation over a potential increase in U.S. interest rates this month offset the metal's safe-haven appeal amid widespread weakness across other assets.

Spot gold was down almost 0.3 percent at $1,324.15 an ounce by 1400 GMT, with U.S. gold futures losing 0.5 percent to $1,328.For More Information Free Stock Tips, Mcx Tips, Commodity Market Tips, Intraday Trading Tips, Free Equity Tips on Mobile and you can call us on :-9827808090.

SPDR Gold Trust, the world's largest gold-backed exchange-traded fund, said its holdings fell 1.12 % to 939.94 tonnes on Friday.