INSUBCONTINENT EXCLUSIVE:
On Wednesday, gold prices had edged lower by Rs 20 to Rs 33,430 per 10 grams.Gold prices on Thursday declined by Rs 360 to Rs 33,070 per 10
grams at the bullion market in the national capital, reported news agency Press Trust of India (PTI) quoting the All India Sarafa
That marked the sixth straight session of losses
38,980 per kg on Thursday.Here are 5 things to know about gold prices, silver rates:1
In the national capital, gold of 99.9 per cent and 99.5 per cent purities dropped by Rs 360 each to Rs 33,070 and Rs 32,900 per 10 grams,
Besides, strengthening of the rupee also put pressure on the yellow metal, they added.3
Globally, spot gold traded lower at $1,284.77 an ounce and, similarly, silver was down at $15.06 an ounce in New York.4
Sovereign gold, however, were held steady at Rs 26,400 per 8 gram.5
Silver saw a fall of Rs 520 to Rs 38,980 per kg due to reduced offtake by industrial units and coin makers
Weekly-based delivery declined by Rs 507 to Rs 38,202 per kg in case of silver