Gold declines Rs 176 amid weak global trends

News

Products You May Like

New Delhi: Gold price in the national capital fell by Rs 176 to Rs 50,649 per 10 grams on Wednesday, reflecting a decline in international precious metal prices, according to HDFC Securities. In the previous trade, the yellow metal settled at Rs 50,825 per 10 grams.

Silver also fell by Rs 443 to Rs 59,725 per kg from Rs 60,168 per kg in the previous trade.

“Spot gold prices for 24-carat gold in Delhi fell by Rs 176 in line with decline in COMEX gold prices,” said Tapan Patel, Senior Analyst (Commodities) at

Securities.

In the international market, gold was quoting lower at USD 1,817 per ounce while silver was flat at USD 20.82 per ounce.

Gold prices traded weak with spot gold prices at COMEX trading 0.11 per cent down at USD 1,817 per ounce on Wednesday, Patel added.

Products You May Like

Articles You May Like

I wish I had known about THIS indicator earlier!! #shorts #trading
100% WIN RATE GOLD STRATEGY (Scalping & Day Trading)
Managing Risk in Trading: The Key
All Traders Must Know This Secret #trading #tradingrules #stockmarket #forex #tradingsetup #fx
Dabba Trading – The Trading Institute -india’s best financial school. #trading #shortsfeed

Leave a Reply

Your email address will not be published.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