In New Delhi, gold prices of 99.9% and 99.5% purity slumped by Rs820 each to Rs30,530 and Rs30,380 per ten gram, respectively. Photo:New Delhi: Gold prices slumped by Rs820 to Rs30,530 per ten gram at Delhi bullion market on Saturday, hurt by weak global cues amid a drop in demand from local jewellers. It is the biggest single-day fall in gold prices this year. Globally, gold prices fell 0.19% to $1,346 an ounce after hitting one-year high of $1,357.64 an ounce. In the national capital, gold prices of 99.9% and 99.5% purity slumped by Rs820 each to Rs30,530 and Rs30,380 per ten gram, respectively.

Source: Mint September 09, 2017 10:07 UTC