Comments
Gold prices slipped by Rs 150 to Rs 31,900 per 10 gram at the local market here on Wednesday due to weak global cues. Besides, fall in demand from local jewellers too kept pressure on the precious metal.
Silver ready held steady at Rs 37,450 per kg on scattered support, while weekly-based delivery dropped by Rs 443 to Rs 36,219 per kg on speculative selling. Globally, gold fell 0.08 per cent to $1,201.90 an ounce and silver by 0.11 per cent to $14.07 an ounce in Singapore on Wednesday.
In the national capital, gold of 99.9 per cent and 99.5 per cent purity fell Rs 150 to Rs 31,900 and Rs 31,750 per 10 gram, respectively. The precious metal had lost Rs 100 on Tuesday. Sovereign, however, continued to be traded at Rs 24,800 per piece of 8 gram.
Silver weekly-based delivery tumbled by Rs 443 to Rs 36,219 per kg, while silver ready remained unaltered at Rs 37,450 per kg. Silver coins too were under pressure and fell by Rs 1,000 to Rs 73,000 for buying and Rs 74,000 for selling of 100 pieces.
Comments
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.