News

Gold declines Rs 271; silver cracks Rs 687

New Delhi: Gold in the national capital on Friday slipped Rs 271 to Rs 46,887 per 10 gram reflecting a decline in international precious metal prices, according to HDFC Securities. In the previous trade, the precious metal had settled at Rs 47,158 per 10 gram.

Silver also slumped Rs 687 to Rs 63,210 per kilogram from Rs 63,897 per kilogram in the previous trade.

In the international market, gold was trading lower at USD 1,795 per ounce and silver was flat at USD 23.89 per ounce.

“Gold prices traded weak with spot gold prices at COMEX trading 0.18 per cent down at USD 1,795 per ounce on Friday,” HDFC Securities Senior Analyst (Commodities) Tapan Patel said.

The yellow metal prices traded under pressure on stronger dollar and mixed global cues, he added.

Articles You May Like

Norwegian Cruise Line shares fall as revenue, outlook lag pre-pandemic levels
Gold rate today: Yellow metal drops lower; silver at Rs 58,650 per kg
AUD/USD higher but another key resistance level lurks nearby
EURUSD leak to the downside continues as stocks trade to new lows/yields higher
Rivian posts second-quarter revenue above estimates, but expects a wider loss for the year

Leave a Reply

Your email address will not be published.