Gold fell further by Rs 285 per ten grams at the bullion market today, tracking a weak trend overseas amid slackened demand from local jewellers. Silver also dropped below Rs 39,000-mark by falling Rs 420 per kg on poor offtake by industrial units and coin makers. Pure gold (99.9 purity) also shed by a similar margin to end at Rs 28,485 per 10 grams compared to Rs 28,770 earlier. Silver (.999 fineness) slumped by Rs 420 to finish at Rs 38,660 per kg from Rs 39,080 previously. At early trade, August gold on Comex fell USD 8.70, or 0.7 per cent, to USD 1,233.50 an ounce.

Source: dna July 03, 2017 12:56 UTC