Gold, silver prices today: The precious metal had gained Rs 150 in the previous three days.Gold prices ruled flat at Rs 30,585 per 10 gram in limited deals at the bullion market today, reported Press Trust of India (PTI).
Gold remained steady today despite a better trend overseas.
However, silver prices fell by Rs 200 to Rs 39,000 per kg at the bullion market owing to reduced offtake by consuming industries.
Traders attributed the slide in silver prices to easing demand from industrial units and coin makers at the local spot market.Silver coins remained steady at Rs 74,000 for buying and Rs 75,000 for selling of 100 pieces.Key things to know about gold prices, silver rates today:1.Globally, gold rose by 0.25 per cent to $1,210.20 an ounce and silver by 0.72 per cent to $15.36 an ounce in Singapore.
Gold has dropped nearly 12 per cent since mid-April, largely failing to benefit from trade tensions that have directed safety flows into the dollar away from other traditional safe havens such as gold.2.In the national capital, silver ready drifted down by Rs 200 to Rs 39,000 per kg, while weekly-based delivery recovered by Rs 120 to Rs 38,050 per kg on speculative buying, reported PTI.3.
"Precious metals edged up in the day session as the dollar weakened in the international market.
However, the investment demand is at year's low point as traders anticipate more interest rate hikes in coming months", said said Jigar Trivedi, Fundamental Research Analyst - Commodities, AnandRathi Commodities.4.The precious metal had gained Rs 150 in the previous three days.5.Gold of 99.9 per cent and 99.5 per cent purity ended flat at Rs 30,585 and Rs 30,435 per 10 gram, respectively.
6.
Sovereign also remained unaltered at Rs 24,600 per piece of 8 gram.
(With agencies inputs)