Live
- People will not forgive Congress for repeatedly insulting Constitution: Kiren Rijiju
- Aid group resumes activities at famine-hit camp in Sudan
- Kishan Reddy Vows to End BRS and Congress Influence in Telangana, Criticizes CM's Governance
- Punjab bypolls: Bittu twisting words for political gains, says Congress nominee
- Punjab CM to administer oath to over 10,000 sarpanches on Friday
- BJP Core Committee Plans Protests Against State Government’s Failures
- Mulugu Collector Divakar's Facebook Hacked Again, Cyber Criminals Send Fraudulent Messages Asking for Money
- The Role of Genetics in Obesity: Can Metabolic Bariatric Surgery Help?
- Deputy CM Bhatti Vikramarka's Visit to Khammam District: Lays Foundation for Road Works Worth Rs. 8.9 Crore
- ED Files Charge Sheet in Agrigold Case, Attaches Assets Worth Over ₹4,100 Crores
Gold falls Rs 235 on muted demand
Gold prices Tuesday slumped by Rs 235 to Rs 32,980 per 10 gram in the national capital due to lacklustre demand from jewellers, according to the All India Sarafa Association.
New Delhi:Gold prices Tuesday slumped by Rs 235 to Rs 32,980 per 10 gram in the national capital due to lacklustre demand from jewellers, according to the All India Sarafa Association.
Silver too fell by Rs 660 to Rs 38,010 per kg on low offtake by industrial units and coin makers.
Traders said, reduced demand from local jewellers as well as retail buyers led to the slide in gold prices.
In the international market, spot gold was trading at USD 1,299.30 an ounce while silver was at USD 15.31 an ounce in New York.
On Monday, the yellow metal rose by Rs 425.
In the national capital, gold of 99.9 per cent and 99.5 per cent purity declined by Rs 235 each to Rs 32,980 and Rs 32,810 per 10 gram, respectively.
However, sovereign gold held steady at Rs 26,400 per piece of eight gram.
Silver ready witnessed a fall of Rs 660 to Rs 38,010 per kg, while weekly-based delivery gained Rs 77 to Rs 37,830 per kg.
Silver coins, too, faced pressure and fell by Rs 1,000 to Rs 79,000 for buying and Rs 80,000 for selling of 100 pieces.
