India News | Gold Declines Rs 43; Silver Down Rs 62
Get latest articles and stories on India at LatestLY. Gold in the national capital on Monday dipped Rs 43 to Rs 51,227 per 10 grams and silver also went lower by Rs 62 to Rs 62,393 per kg, according to HDFC Securities.
New Delhi, May 9 (PTI) Gold in the national capital on Monday dipped Rs 43 to Rs 51,227 per 10 grams and silver also went lower by Rs 62 to Rs 62,393 per kg, according to HDFC Securities.
In the previous trade, the precious metal settled at Rs 51,270 per 10 grams.
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Silver declined by Rs 62 to Rs 62,393 per kg from Rs 62,455 per kg in the previous trade.
In the international market, gold was trading higher at USD 1,871 per ounce and silver was flat at USD 22.24 per ounce.
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"Gold prices traded firm with spot gold prices at COMEX trading 0.35 per cent up at USD 1,871 per ounce on Monday. Gold prices held steady as the stronger dollar and firm US bond yields continued to weigh on gold prices keeping it in tight range below USD 1,900 per ounce," said Tapan Patel, Senior Analyst (Commodities), HDFC Securities.
(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)