Weak global trend brings down gold prices

Gold fell by Rs. 75 to Rs. 30,725 per ten grams in the national capital on Thursday due to stockists’ selling, inline with a weak global trend.

Silver also lost Rs. 1000 and stood at Rs. 57,000 per kg on increased selling in the face of reduced off-take, following the end of marriage season.

Meanwhile, gold in New York, which normally sets the price trend on the domestic front fell by US $8.70 to US $1642.60 an ounce. Silver declined by 1.09 per cent to US $30.78 an ounce.

Silver coins plunged by Rs. 1000 to Rs. 80,000 for buying and Rs. 81,000 for selling of 100 pieces.

Please Wait while comments are loading...
This article is closed for comments.
Please Email the Editor
Comments to: web.thehindu@thehindu.co.in
Copyright ©2015, The Hindu