Gold declines by Rs 154; silver tumbles to Rs 57,355

Gold declines by Rs 154; silver tumbles to Rs 57,355

New Delhi: Gold in the national capital on Thursday declined by Rs 154 to Rs 44,976 per 10 gram reflecting an overnight decline in international precious metal prices, according to HDFC Securities. In the previous trade, it had settled at Rs 45,130 per 10 gram.

Silver also dipped Rs 1,337 to Rs 57,355 per kilogram from Rs 58,692 per kilogram in the previous trade.

In the international market, gold was trading with marginal gains at $1,733 per ounce and silver was flat at $21.64 per ounce.

“Gold prices have kept lower trading range hovering near $1,730 per ounce on US FED tapering expectations,” according to HDFC Securities, Senior Analyst (Commodities), Tapan Patel.

About Author

Related posts