New Delhi, Dec 7 (PTI) Gold prices fell for the third day in a row and lost Rs 30 to Rs 17,730 per ten gram in the bullion market today on sustained selling by stockists amid a weakening global trend. The other precious metal--silver-- too dropped on poor offtake by industrial users and coin manufacturers. Silver ready fell by Rs 200 to Rs 28,800 per kg and weekly-based delivery by Rs 315 to Rs 38,345 per kg. Trading sentiments remained bearish as gold dropped one per cent to 1,149.70 dollar an ounce in London. The metal had touched a record 1,226.56 dollar on December 3. Marketmen said sustained selling in gold was because of continued investor concerns about a weakening global trend. The retail customers also refrained from purchasing the precious metal at the prevailing high level, putting further pressure on the prices.

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