Gold prices fall Rs 100 as demand slackens - News Summed Up

Gold prices fall Rs 100 as demand slackens


New Delhi: Moving away from a three-day rise, gold prices sank 100 to Rs 29,200 per 10 grams on Friday as global weakness and easing local demand came as a spoiler. Silver went the same way, which declined Rs 200 to Rs 39,300 per kg owing to lower demand from industrial units and coin makers. More From Livemint »Globally, gold prices fell 0.16% to $1,243.40 an ounce and silver by 0.27% to $16.54 an ounce in Singapore. In Delhi, gold of 99.9% and 99.5% purity softened by Rs 100 each to Rs 29,200 and Rs 29,050 per 10 grams, respectively. Silver ready fell by Rs 200 to Rs 39,300 per kg and weekly-based delivery by Rs 390 to Rs 38,485 per kg.


Source: Mint June 30, 2017 12:45 UTC



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