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Gold declines Rs 130; silver tumbles Rs 305
Gold prices fell by Rs 130 to Rs 46,093 per 10 gram in the national capital on Tuesday following a decline in international precious metal prices, according to HDFC Securities. In the previous trade, the yellow metal had closed at Rs 46,223 per 10 gram. Silver prices also declined Rs 305 to Rs 66,040 per kilogram from Rs 66,345 per kilogram in the previous trade.
In the international market, gold was trading lower at USD 1,726 per ounce and silver was flat at USD 24.89 per ounce. Gold prices traded lower with spot gold prices at COMEX (New York-based commodities exchange) trading down to $1,726 per ounce on Tuesday, according to HDFC Securities, Senior Analyst (Commodities), Tapan Patel.Â
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Gold rises Rs 83; silver gains Rs 62
Gold prices in the national capital rose by Rs 83 to Rs 45,049 per 10 gram on Tuesday following rally in international precious metal prices, according to HDFC Securities. In the previous trade, the precious metal had closed at Rs 44,966 per 10 gram. Silver also gained Rs 62 to Rs 64,650 per kg from the previous close of Rs 64,588 per kg.
In the international market, gold was quoting with gains at USD 1,733 per ounce and silver was flat at USD 24.97 per ounce. Gold prices were supported by weaker dollar and pandemic worries, according to HDFC Securities, Senior Analyst (Commodities), Tapan Patel.Â
Gold prices fall marginally by Rs 15 to Rs 44,949 per 10 gram in the national capital on Monday amid muted trading and tepid global trends, according to HDFC Securities.