On the Multi-Commodity Exchange (MCX), October gold contracts were trading lower by 0.15 percent at Rs 52,150 per 10 gram at 0915 hours. September silver futures were trading at Rs 67,189 per kg, up 0.03 percent.
A lift in US bond yields gave the dollar some respite after weeks of losses. A stronger greenback makes gold cheaper for holders of other currencies, said a Reuters report.
Gold and silver remained volatile in the week gone by. Gold prices slipped 3.38 percent and settled at $1,949.80 per troy ounce. Silver also plunged 5.26 percent to settle at $26.09 per troy ounce at Comex division.
On MCX, gold slipped 4.68 percent and settled at 52.227 per 10 gram, while silver crashed 9.42 percent and settled at 67,171 per kilogram.
During the week, gold slipped below 50,000 per 10 gram and silver also tested lows of 60,910 per kg. Experts are of the view that the volatility is likely to continue. Crucial support for the yellow metal is placed at Rs 51,800-51,330.
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