Home / Knowledge Hub / In Delhi, Gold declines on sluggish demand; Silver up on fresh buying

In Delhi, Gold declines on sluggish demand; Silver up on fresh buying

Gold declines on sluggish demand; silver up on fresh buying

The prices of gold declined by Rs 200 to Rs 30,160 per ten grams in Delhi today on stockists selling against by weak demand.

However, silver has found some support buying lowest level and retaken by Rs 120 to Rs 45,350 per kg. It had lost Rs 270 in the previous two sessions.

Traders said selling stockholders against sluggish demand mainly led to decline in gold prices.

Domestically, gold of 99.9 and 99.5 percent purity declined by Rs 200 each to Rs 30,160 and Rs 29,960 per ten grams respectively. Sovereign remained stable at Rs 25,100 per piece of eight grams.

Moreover, the silver recovered ready Rs 120 to 45,350 per kg, and weekly based delivery by a similar margin Rs 45,500 per kg.

The silver coins continued to be asked at the last stage of Rs 85,000 for buying and Rs 86,000 for selling of 100 pieces.

Reported News Source : PTI Economic Times India

Click for Get trial 2 Days free MCX Tips

About Narmada Ji

Myself Technical Analyst and Owner Investment Growth Services (100mcxtips.com). 100McxTips is a Market Leader MCX Commodity Advisory, which has a strong hold in offering trusted MCX Tips and accurate as well as Commodity Market Tips. For more mcx, commodity market news by 100McxTips, follow us on Twitter @100mcxtips and on Facebook at facebook.com/100mcxtips.

Leave a Reply

Your email address will not be published. Required fields are marked *

*

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>