India News | Gold Declines Rs 437; Silver Tumbles Rs 722
Get latest articles and stories on India at LatestLY. Gold prices declined sharply by Rs 437 to Rs 51,151 per 10 grams in the national capital on Tuesday in line with fall in the precious metal in global markets along with rupee appreciation, according to HDFC Securities.
New Delhi, Mar 29 (PTI) Gold prices declined sharply by Rs 437 to Rs 51,151 per 10 grams in the national capital on Tuesday in line with fall in the precious metal in global markets along with rupee appreciation, according to HDFC Securities.
In the previous trade, the yellow metal settled at Rs 51,588 per 10 grams.
Also Read | Amazon Glow Now Available for All Customers in the US.
Silver also tumbled Rs 722 to Rs 67,515 per kg from Rs 68,237 per kg in the previous trade.
Continuing its winning streak for a fourth straight session, the rupee on Tuesday appreciated by 36 paise to 75.80 against the US dollar.
Also Read | Realme Pad Mini Listed on Lazada, Likely To Debut in India Soon.
In the international market, gold declined to USD 1,918 per ounce and silver was flat at USD 24.80 per ounce.
"Gold prices traded weak with spot gold prices at COMEX trading 0.25 per cent down at USD 1,918 per ounce on Tuesday," 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)