INSUBCONTINENT EXCLUSIVE:
Sovereign gold, however, maintained at Rs 26,100 per piece of 8 grams in limited deals.Gold eased by Rs 30 to Rs 34,050 per 10 grams at the
bullion market on Wednesday on subdued demand from local jewellers even as the yellow metal strengthened overseas reported news agency Press
Silver also fell by Rs 200 to Rs 40,800 per kg on reduced enquiries from industrial units and coin makers
The fall in gold prices has been mostly attributed to sluggish demand from local jewellers as well as retailers, but a firming trend
In Delhi, gold of 99.9 per cent and 99.5 per cent purities shed Rs 30 each to Rs 34,050 and Rs 33,900 per 10 grams, respectively
Sovereign gold, however, maintained at Rs 26,100 per piece of 8 grams in limited deals.3
Globally, gold firmed slightly on Wednesday as investors held onto the safe-haven metal while seeking more clarity on Sino-US trade talks,
and as volatility in the dollar provided further support, reported news agency Reuters.4
In line with overall trends, silver ready fell by Rs 200 to Rs 40,800 per kg and weekly-based delivery dropped by Rs 205 to Rs 39,624 per kg