Gold falls by ₹90 to ₹59,945; silver declines ₹350
The Hindu
Gold price eased to ₹59,945 per 10 gram in the national capital on Tuesday amid weak global trends.
Gold price eased by ₹90 to ₹59,945 per 10 gram in the national capital on Tuesday amid weak global trends, according to HDFC Securities.
In the previous trade, the precious metal had closed at ₹60,035 per 10 gram.
Silver also went lower by ₹350 to ₹72,250 per kilogram.
"Spot gold prices in the Delhi markets traded at ₹59,945 per 10 gram, down ₹90 per 10 gram," Saumil Gandhi, Senior Analyst - Commodities at HDFC Securities, said.
In the overseas markets, both gold and silver were quoting lower at $1,939 per ounce and $23.05 per ounce, respectively.
Gold prices edged lower in Asian trading hours on Tuesday on high chances of the U.S. debt-ceiling deal being sealed, softer dollar and reduced safe haven demand, Mr. Gandhi said.
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