Gold prices fall, down ₹ 1,900 per 10 gram from last month's record highs - News Summed Up

Gold prices fall, down ₹ 1,900 per 10 gram from last month's record highs


Gold prices in India continued their choppy movement this week. In global markets, gold prices ended 0.32% lower at $1,493 per ounce and silver 0.24% lower at $17.57 an ounce. With gold prices now down about ₹1,900 per 10 gram from last month's record highs of about ₹40,000, jewellers hope that retail buying will see a pick up ahead of Dhanteras and Diwali. Gold prices have remained range-bound over past few days with rise in global equity indices. According to calendar issued by Reserve Bank, gold bonds will open for subscription again in December, January, February and March this fiscal.


Source: Mint October 20, 2019 05:03 UTC



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