India News | Gold Down Rs 142, Silver Declines by Rs 701
Get latest articles and stories on India at LatestLY. Gold prices fell Rs 142 to Rs 47,483 per 10 gram in the national capital on Monday on a weak global trend, according to HDFC Securities.
New Delhi, Nov 30 (PTI) Gold prices fell Rs 142 to Rs 47,483 per 10 gram in the national capital on Monday on a weak global trend, according to HDFC Securities.
In the previous trade, the precious metal had closed at Rs 47,625 per 10 gram.
Also Read | Vice President Venkaiah Naidu Chairs Meeting of SCO Council of Heads of Govt.
Silver prices also declined Rs 701 to Rs 57,808 per kilogram from Rs 58,509 per kilogram in the previous trade.
In the international market, gold was trading lower at USD 1,781.50 per ounce, while silver was quoting flat at USD 22.29 per ounce.
Also Read | COVID-19 Test Rate Slashed in Delhi: RT-PCR Test to Now Cost Rs 800, Down From Rs 2,400.
"Gold prices continued downside on Monday as optimism on vaccine has boosted investment sentiment towards riskier assets," HDFC Securities Senior Analyst (Commodities) Tapan Patel said.
(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)