Monday, Aug 10, 2020 | Last Update : 07:18 AM IST

139th Day Of Lockdown

Maharashtra51533235171017757 Tamil Nadu2969012386384927 Andhra Pradesh2278601387122036 Karnataka178087939083198 Delhi1454271305874111 Uttar Pradesh122609726502069 West Bengal95554671202059 Bihar7972051315429 Telangana7949555999627 Gujarat71064542382652 Assam5883842326145 Rajasthan5249738235789 Odisha4592731785321 Haryana4163534781483 Madhya Pradesh3902529020996 Kerala3433121832109 Jammu and Kashmir2489717003472 Punjab2390315319586 Jharkhand185168998177 Chhatisgarh12148880996 Uttarakhand96326134125 Goa871259575 Tripura6161417641 Puducherry5382320187 Manipur3752204411 Himachal Pradesh3371218114 Nagaland27819048 Arunachal Pradesh215514823 Chandigarh151590425 Meghalaya10624906 Sikkim8664971 Mizoram6082980
  Business   Market  11 Sep 2019  Gold prices fall Rs 372; silver too drops Rs 1,150

Gold prices fall Rs 372; silver too drops Rs 1,150

PTI
Published : Sep 11, 2019, 8:02 pm IST
Updated : Sep 11, 2019, 8:02 pm IST

Tracking weakness in gold, silver prices also tumbled Rs 1,150 to Rs 48,590 per kilogram at the bullion market here.

The festival demand has not picked up yet in the physical market due to higher gold prices, HDFC Securities Senior Analyst (Commodities) Tapan Patel said.
 The festival demand has not picked up yet in the physical market due to higher gold prices, HDFC Securities Senior Analyst (Commodities) Tapan Patel said.

New Delhi: Gold on Wednesday fell Rs 372 to Rs 38,975 per 10 grams in the national capital due to delay in festive demand, according to HDFC Securities.

Tracking weakness in gold, silver prices also tumbled Rs 1,150 to Rs 48,590 per kilogram at the bullion market here.

 

"The festival demand has not picked up yet in the physical market due to higher gold prices," HDFC Securities Senior Analyst (Commodities) Tapan Patel said.

In the global market, gold prices were trading higher at USD 1,490 an ounce in New York and silver was also up at USD 18.10 per ounce. Prices were trading marginally up at USD 1,490 on Wednesday ahead of the European Central Bank's meeting and on positive development on the US-China trade issues, he added.

On Monday, gold prices for 24 Karat (99.9 per cent purity) had closed at Rs 39,347 per 10 gram and silver at Rs 49,740 per kilogram. The bullion market was closed on Tuesday on account of 'Muharram'.

 

Tags: gold, bullion, silver, all india sarafa association, jewellers
Location: India, Delhi, New Delhi