India, Oct. 16 -- Gold prices declined for the fourth straight session, falling Rs 900 to Rs 1.49 lakh per 10 grams in the national capital on Thursday as a stronger rupee and subdued physical demand increased pressure on the precious metal. The 99.9 per cent pure metal fell Rs 900 to Rs 1,49,900 per 10 grams, inclusive of all taxes, according to local traders. The yellow metal had closed at Rs 1,50,800 per 10 grams on Wednesday.

Silver prices fared worse, tumbling Rs 6,000 to Rs 2.15 lakh per kilogram, inclusive of all taxes, from the previous close of Rs 2.21 lakh per kg, extending its decline for a fourth consecutive session. Gold prices in the domestic market on Thursday remained subdued due to a stronger rupee and lackluster physic...