Bank of England's sale of 25-tonne of gold yesterday had little impact on the domestic prices of the yellow metal which was seen steady. BoE sold gold at $264.30 an ounce which was oversubscribed by 3.3 times and helped the prices to go up in London, traders said. Activity was restricted in both standard gold and 22-carat gold. However, the ten-tola gold bar (.999 purity) showed some gains. Silver prices declined further on poor industrial offtake along with weak London advices. Locally, prices were at overnight level of Rs 4,470 per 10 gms and Rs 4,135 respectively, even as ten-tola gold bar (.999 purity) improved by Rs 50 to Rs 52,250 from yesterday's close of Rs 52,200.

Ready silver (.999 fineness), raw silver (.916 fineness) and tenderable silver declined further by Rs 20 each to close at Rs 7,940, Rs 7,830 and Rs 7,945 as against the previous day's close of Rs 7,960, Rs 7,850 and Rs 7,965 respectively.

OILSEEDS, OILS: Even as imported RBD palmolein fell further and the groundnut oil remained firm, linseed oil shot up on firm advices from Calcutta.

Imported palmoil slipped further by Rs 6 per 10 kg to close at Rs 204 as against the previous close of Rs 210 due to weak Malaysian advices.

Groundnut oil was seen steady at Rs 350. Linseed oil showed a steep rally due to firm advices from Calcutta coupled with poor supply and shot up further steeply by Rs 10 to close at Rs 285 per 10 kg from the last close of Rs 275 following sharp rise in its prices in Calcutta where it had shot up to Rs 2,800 per quintal yesterday from Monday's close of Rs 2,650. On the other hand, castor oil commercial declined by Rs 2 to Rs 295 per 10 kg from the last close of Rs 297 on poor soap manufacturers' offtake. Castorseed bold Madras dropped to Rs 1,325 per quintal from Rs 1335 on lack of export demand.

In the edible section, castorseed December delivery resumed weak at Rs 1,353 per quintal and declined further due to stockists offering and closed at Rs 1,350, showing a fresh fall of Rs 8 per quintal over the previous close of Rs 1358 castor oil international saw, December delivery contract edge up to Rs 312.50 per 10 kg from the last close of Rs 312, while there was no trading in palmolein futures. POLYMERS: In Delhi, dullness continued and prices steadied in thin trading. Prices closed around previous levels and volume of business remained small. Traders said sluggish industrial demand amidst prevailing tight money market conditions influenced trading and reduced volume of business to a certain extent.

Meanwhile, prices of Low Density (LD) NO 40, No 400and No 1035 continued to be quoted at previous levels of Rs 59-60, Rs 60-61 and Rs 59-60 per kilo respectively.