Zee Media Bureau
New Delhi: Gold prices declined by Rs 125 to Rs 27,700 per ten grams in the national capital Saturday on sustained selling by stockists amid a weak global trend.
Silver also declined by Rs 200 to Rs 45,800 per kg on reduced offtake by industrial units and coin makers.
The sentiment remained bearish on sustained selling by stockists on the back of sluggish demand amid a weak global trend as a stronger dollar curbed demand for the metal as an alternative investment.Here are the closing rates of gold and silver in Delhi bullion market:
(Gold per 10 grams/ Silver per Kg)
Gold 24 carat (99.9): Rs 27,700; Change: - Rs 125
Gold 24 carat (99.5): Rs 27,500; Change: - Rs 125
Gold Sovereign (per piece of 8 grams): Rs 23,900; Change: - Rs 100
Silver ready: Rs 45,800; Change: - Rs 200
Silver weekly-based delivery: Rs 45,240; Change: + Rs 90
Silver coins/ per 100 pieces (Buying): Rs 75,000; Unchanged
Silver coins/ per 100 pieces (Selling): Rs 76,000; Unchanged
With PTI Inputs
First Published: Saturday, May 11, 2013, 15:41