Gold falls ₹478; silver tumbles ₹1,265
The Hindu
In the international market, gold was quoting lower at $1,689 per ounce while silver was flat at $18.42 per ounce.
Gold in the national capital on Thursday fell by ₹478 to ₹49,830 per 10 grams amid fall in global gold prices, according to HDFC Securities.
In the previous trade, the precious metal settled at ₹50,308 per 10 grams.
Silver also tumbled by ₹1,265 to ₹54,351 per kg from ₹55,616 per kg in the previous trade.
In the international market, gold was quoting lower at $1,689 per ounce while silver was flat at $18.42 per ounce.
"Gold prices witnessed selling in previous session on strong dollar and rally in equity indices," said Tapan Patel, Senior Analyst (Commodities) at HDFC Securities.
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