Gold price declines by Rs 200 on sluggish demand
Quotes

Gold price declines by Rs 200 on sluggish demand

Last Updated: Tuesday, January 07, 2014, 16:40
 
 Comment 0
 
Gold price declines by Rs 200 on sluggish demand
New Delhi: Gold prices declined by Rs 200 to Rs 30,160 per ten grams in the national capital Tuesday on selling by stockists against sluggish demand.

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

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

At the domestic front, gold of 99.9 and 99.5 per cent purity fell by Rs 200 each to Rs 30,160 and Rs 29,960 per ten grams, respectively. Sovereign remained steady at Rs 25,100 per piece of eight grams.

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

Silver coins continued to be asked at last level of Rs 85,000 for buying and Rs 86,000 for selling of 100 pieces.


PTI

First Published: Tuesday, January 07, 2014, 16:40


Comments


comments powered by Disqus
India`s top ten billionaires
India`s top ten billionaires
Pradhan Mantri Jan Dhan Yojana - In Pics
Pradhan Mantri Jan Dhan Yojana - In Pics
Apple Smartwatch unveiled
Apple Smartwatch unveiled
Apple iPhone 6, iPhone 6 plus
Apple iPhone 6, iPhone 6 plus
Samsung Galaxy Tab 4 Nook
Samsung Galaxy Tab 4 Nook

Web Wrap
Contact Us : Privacy Policy : Legal Disclaimer
Copyright © Zee Media Corporation Ltd. All rights reserved