{{Gold }} fell by Rs 60 to Rs 17,300 per ten gram in the bullion market today, extending losses for the second straight day, on sustained selling by stockists amid a weakening global trend. Trading sentiment in gold remained bearish as dollar rebounded, eroding demand for the metal as an alternate asset.%% {{Gold in Asia}} fell by 0.1 per cent to 1,127.24 dollar an ounce. Marketmen said besides a weakening global trend, subdued demand at current high prices also led to fall in both gold and silver prices.%% Investors also resorted to selling to pay losses in the falling equity markets, they said. |*Standard gold and ornaments*| fell by Rs 60 each to Rs 17,300 and Rs 17,150 per ten gram respectively while sovereign held steady at Rs 14,100 per piece of eight gram.%% {{Silver}} ready plunged by Rs 330 to Rs 27,750 per kg and weekly-based delivery by Rs 280 to Rs 27,400 per kg. Silver coins fell by Rs 200 to Rs 33,500 for buying and Rs 33,600 for selling of 100 pieces.