In Delhi, gold of 99.9% and 99.5% purity fell by Rs105 each to Rs32,370 and Rs32,220 per 10 grams, respectively. Photo: MintNew Delhi: Gold prices drifted lower by Rs105 to Rs32,370 per 10 grams at the bullion market on Saturday, halting its four-day rising streak on the back of weak global cues amid easing demand from local jewellers at prevailing higher levels. Silver prices followed suit and dropped by Rs350 to Rs41,200 per kg backed by reduced offtake by industrial units and coin makers. Gold prices fell 0.22% to $1,301.20 an ounce and silver by 0.99% to $16.47 an ounce in New York in Friday’s trade. Following gold, silver ready plunged by Rs350 to Rs41,200 per kg and weekly-based delivery by Rs495 to Rs40,265 per kg.

Source: Mint May 26, 2018 09:11 UTC