Gold eased in demand, silver too low
According to traders, as compared to some currency, with dollar strengthening, the demand for gold as a safe investment has weakened global trend
New Delhi: Gold prices today fell by Rs 120 to Rs 32,200 per 10 gram in the national capital's Sarrapha market due to weak trend in the global markets and demand for local jewelers.
According to traders, the decline in gold demand as a safe investment with the dollar strengthened against some currencies, and the weakening trend on the global level was seen as a decline in gold prices. At the same time, gold prices came down from the weak demand of local jewelers in the domestic spot markets.
In the
national capital , gold of 99.9 per cent and 99.5 per cent purity fell by Rs 120-120 to Rs 32,200 and Rs 32,050 per 10 grams, respectively. However, the price of Ginni remained constant at Rs 14,800 per unit of eight grams The price of gold rose by Rs 110 on Saturday. Globally, gold fell by 0.43 per cent to $ 1316.90 an ounce in Singapore.
national capital , gold of 99.9 per cent and 99.5 per cent purity fell by Rs 120-120 to Rs 32,200 and Rs 32,050 per 10 grams, respectively. However, the price of Ginni remained constant at Rs 14,800 per unit of eight grams The price of gold rose by Rs 110 on Saturday. Globally, gold fell by 0.43 per cent to $ 1316.90 an ounce in Singapore.
Silver
prices also dropped by Rs 150 to Rs 40,300 per kg on reduced offtake by industrial units and coin makers. Silver ready also dropped by Rs 150 to Rs 40,300 per kg. On weekly basis, the delivery price also dropped to Rs 38,855 per kg. However, the price of silver coins was Rs 75,000 and selling was stable at Rs 76,000 per 100 units. On the global level, silver prices fell 0.36 per cent to $ 16.40 an ounce in Singapore.
prices also dropped by Rs 150 to Rs 40,300 per kg on reduced offtake by industrial units and coin makers. Silver ready also dropped by Rs 150 to Rs 40,300 per kg. On weekly basis, the delivery price also dropped to Rs 38,855 per kg. However, the price of silver coins was Rs 75,000 and selling was stable at Rs 76,000 per 100 units. On the global level, silver prices fell 0.36 per cent to $ 16.40 an ounce in Singapore.
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