Gold declines by Rs 70; silver falls Rs 621

New Delhi: Gold prices declined by Rs 70 to Rs 50,557 per 10 grams in the national capital on Friday, according to HDFC securities. In the previous trade, the precious metal settled at Rs 50,627 per 10 grams.

Silver prices also declined by Rs 621 to Rs 59,077 per kg from Rs 59,698 per kg in the previous trade.

“Spot gold prices for 24-carat gold in Delhi fell by Rs 70 reflecting overnight fall in COMEX gold prices,” said Tapan Patel, Senior Analyst (Commodities) at

Securities.
In the international market, gold was trading higher at USD 1,828 per ounce and silver was flat at USD 20.97 per ounce. Spot gold prices were up 0.33 per cent at COMEX, Patel added.

News

Articles You May Like

Nasdaq fills the gap (well almost) and bounces off 38.2% retracement on the first look
Dow Jones Industrial Average plunges 400 points after Wednesday’s US PMI miss
ForexLive Asia-Pacific FX news wrap: USD/JPY lower
How would the bond and FX markets react to Biden dropping out of the race?
Buying FTSE China A50 index (XIN9) on the monthly chart

Leave a Reply

Your email address will not be published. Required fields are marked *