Gold declines Rs 402; silver tumbles Rs 528

New Delhi: Gold in the national capital on Wednesday declined by Rs 402 to Rs 48,116 per 10 gram, according to HDFC Securities. In the previous trade, the precious metal had settled at Rs 48,518 per 10 gram.

Silver also dipped Rs 528 to Rs 65,218 per kilogram from Rs 65,746 per kilogram in the previous trade.

In the international market, gold trading higher at USD 1,857 per ounce and silver marginally up at USD 25.03 per ounce.

“Gold prices traded firm with spot gold prices at COMEX were trading 0.37 per cent up at USD 1,857 per ounce on Wednesday,” according to HDFC Securities, Senior Analyst (Commodities), Tapan Patel.


Articles You May Like

Reminder – US markets are closed on Wednesday, June 19th – market hours impact
IMF chief says Europe looks like ‘an ideas supermarket’ for the U.S., calls for further integration
USDCAD bounces higher today but only to the 50% midpoint of the 2-month trading range
Consumer spending, inflation, and housing are 3 things to watch in the market next week
Yen’s Plunge Puts Japan’s Intervention Resolve Under Scrutiny

Leave a Reply

Your email address will not be published.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