Gold prices fall ₹274; silver drops by ₹542

0
96


Gold prices in the national capital fell by ₹ 274 to ₹ 47,185 per 10 gram on Thursday, according to HDFC Securities.

On Wednesday, the precious metal had closed at ₹ 47,459 per 10 gram.

Silver prices also eased by ₹ 542 to ₹ 49,558 per kg against ₹ 50,100 per kg in the previous trade.

“Spot gold prices for 24 carat gold at Delhi were trading down by ₹ 274 reflecting overnight fall in global gold prices despite weaker rupee,” HDFC Securities Senior Analyst (Commodities) Tapan Patel said.

The retail jewellery stores are opening gradually in India with ease in lockdown, he added.

After a long gap, spot gold markets in the national capital reopened on Monday. The spot gold markets remained closed in the wake of the nationwide lockdown imposed since March 25 to curb spreading of COVID-19 infections. Lockdown restrictions have now been eased.

In the international market, gold was trading with gains at USD 1,704 per ounce, while silver was trading flat at USD 17.62 per ounce.

You have reached your limit for free articles this month.

Subscription Benefits Include

Today’s Paper

Find mobile-friendly version of articles from the day’s newspaper in one easy-to-read list.

Unlimited Access

Enjoy reading as many articles as you wish without any limitations.

Personalised recommendations

A select list of articles that match your interests and tastes.

Faster pages

Move smoothly between articles as our pages load instantly.

Dashboard

A one-stop-shop for seeing the latest updates, and managing your preferences.

Briefing

We brief you on the latest and most important developments, three times a day.

Not convinced? Know why you should pay for news.

*Our Digital Subscription plans do not currently include the e-paper ,crossword, iPhone, iPad mobile applications and print. Our plans enhance your reading experience.



Source link

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Enable Google Transliteration.(To type in English, press Ctrl+g)