Gold tumbles ₹650; silver nosedives ₹1,800
The Hindu
In the overseas markets, both gold and silver were trading lower at $1,825 per ounce and $21.10 per ounce.
Gold price tumbled by ₹650 to ₹57,550 per 10 grams in the national capital on Tuesday amid weak global cues, according to HDFC Securities.
In the previous trade, the precious metal had ended at ₹58,200 per 10 grams.
Silver also nosedived ₹1,800 to ₹71,500 per kilogramme.
Gold and silver prices slipped on Comex in the previous session as the domestic market was shut on Monday, Navneet Damani, senior vice-president of commodity research at Motilal Oswal Financial Services, said.
In the overseas markets, both gold and silver were trading lower at $1,825 per ounce and $21.10 per ounce, respectively.
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