Finance

Gold falls Rs 101; silver declines Rs 334

Gold falls Rs 101; silver declines Rs 334

 

Gold price fell by Rs 101 to Rs 51,024 per 10 gram on Thursday amid weak global trends and appreciation in rupee, according to HDFC Securities.

Gold falls Rs 101; silver declines Rs 334 - The Economic Times

In the previous trade, the yellow metal had closed at Rs 51,125 per 10 gram.

Gold falls Rs 101; silver declines Rs 334

Silver also declined by Rs 334 to Rs 58,323 per kg. The rupee appreciated 67 paise to 82.14 against the US dollar in early trade on Thursday as dollar retreated from its elevated levels.

Gold falls ₹101; silver declines ₹334 - The Hindu

In the international market, gold was quoting lower at USD 1,664 per ounce while silver was down at USD 19.41 per ounce.

Gold falls Rs 101; silver declines Rs 334

“A stronger rupee and weaker COMEX spot gold prices pushed domestic gold prices lower today,” said Dilip Parmar, Research Analyst at HDFC Securities.

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