Zee Media Bureau
Gold price tumbled by up to Rs 215 at Mumbai bullion market Tuesday due to a fresh bout of profit-taking by stockists and traders amid bearish global trend.
Silver also took a steep plunge, snapping its three-session uptrend on the back of speculative unwinding.
Standard gold of 99.5 percent purity dropped by Rs 215 per 10 gm to finish at Rs 27,150 from Monday's closing level of Rs 27,365.
Pure gold of 99.9 percent purity also shed Rs 205 per 10 gm to close at Rs 27,290 from Rs 27,495.
Silver ready (.999 fineness) plunged by a hefty Rs 915 to conclude at Rs 45,495 per kg, compared to Rs 46,410 yesterday.Here are the city wise gold and silver rates:
(Gold rates per 10 gm/Silver rates per Kg)Mumbai
GOLD: Rs 27,290 (-205) / SILVER: Rs 45,495 (-915) Delhi
GOLD: Rs 27,650 (-220)/ SILVER : Rs 45,300 (-900)Chennai
GOLD: 27,410 (-160) / SILVER: Rs 45,050 (-515)Kolkata
GOLD: Rs 27,770 (-265) / SILVER: Rs 45,300 (-1250)Bangalore
GOLD: Rs 27,692 / SILVER: Rs 45,700Hyderabad
GOLD: Rs 27,860 / SILVER: Rs 48,800
With PTI Inputs
First Published: Wednesday, May 8, 2013, 10:55