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Gold prices on January 1 fell by Rs 100 to Rs 27,100 per ten grams on the first trading day of 2015 in the national capital owing to slackened demand from jewellers amid a weak global trend.

Silver prices also fell by Rs 800 to Rs 36,200 per kg due to fall in demand from jewellers and industrial units. Traders said easing demand from jewellers and retailers at prevailing levels and a weak global trend reduced the appeal for bullion as an alternative asset.

Gold in New York, which normally sets price trend on the domestic front, fell by 1.4 per cent to USD 1,184.10 an ounce and silver by 4.2 per cent to USD 15.59 an ounce yesterday. In Delhi, gold of 99.9 and 99.5 per cent purity fell by Rs 100 each to Rs 27,100 and Rs 26,900 per ten gram respectively.

Sovereign, however, traded at last level of Rs 23,700 per piece of eight gram in limited deals. In line with a general weak trend, silver ready dropped by Rs 800 to Rs 36,200 per kg and weekly-based delivery by Rs 980 to Rs 36,170 per kg. Silver coins also plunged by Rs 1,000 to Rs 59,000 for buying and Rs 60,000 for selling of 100 pieces.

Meanwhile, gold prices dropped by Rs 2,660, or nearly 10 per cent, to Rs 27,200 per ten grams during 2013 as the government tried to divert investors away from this 'unproductive asset' and a weak trend overseas. The year was even worse for silver that recorded a fall about 15 per cent in its price to Rs 37,000 per kg from 43,755.

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Google’s next-generation Nexus 7 will launch in Blighty on August 28th. That’s the word from Asus, the manufacturer behind the Big G’s impressive new budget slate.

It means the tablet will be up for grabs a month earlier than previously suggested. Pricing for the Wi-Fi only models is expected to be £199 for the 16GB version and £239 for the more capacious 32GB edition.

There’s no news yet on how much the much-hyped 4G models will cost when they land on these shores. The speedy cellular 4G Nexus 7 starts at $349 in the US.

Specs-wise the slate has been given an impressive bump in key areas. It now rocks a 1,920x1,200 pixel display, with the rear camera jumping to 5 megapixels.

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EE smartphone owners will soon benefit from average 4G connection speeds of 20Mb in ten cities across the UK, the carrier has announced, doubling the previous speed the network claimed to deliver.

EE has confirmed it is doubling the amount of 1800MHz spectrum bandwidth dedicated to 4G from 10MHz to 20MHz. The move will increase capacity and provide customers with headline speeds of up to 80Mb, up from 40Mb previously.

The ten cities where the supercharged service will be available this summer are Birmingham, Bristol, Cardiff, Edinburgh, Glasgow, Leeds, Liverpool, London, Manchester and Sheffield, with plans to extend its reach at a later date.

Olaf Swantee, EE Chief Executive, said: "We are ensuring that the UK remains at the forefront of the digital revolution.

“Having already pioneered 4G here, we're now advancing the country's infrastructure again."

Existing EE customers in locations where the speed is being doubled will pay no extra for the faster connections.

According to the UK’s sole 4G operator, 25 per cent of customers are signing up for 4G. The company is targeting 4G subscriber numbers of one million by Christmas.