Search

Gold Declines On Sluggish Demand; Silver Up On Fresh Buying

Tuesday, January 7, 2014
47
Separator
41
Separator
83
Separator
12
Separator
Print Print Email Email

New Delhi: Gold prices declined by Rs.200 to Rs.30,160 per ten grams in the national capital 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.

Read More:
7 Ways To Spend Less This New Year
Sensex Falls 37 Points On Third Day Of Losses; IT Stocks Shine


Source: PTI
Looking For Loan? Let us Help you !!!
Product
Name
City
Phone
Email
Loan Amount
Annual Income
Preferred banks
Captcha
Type the characters you see in the picture
  Submit
SPOTLIGHT
Brookfield to buy RIL E-W Pipeline
Canadian investor Brookfield has acquired the loss-making East-West Pipeline Ltd from Mukesh Amba..
Bharti Airtel board approves
Telecom major Bharti Airtel on Thursday said its board of directors has approved fund raising ..
90% of developing economies
Ninety per cent of developing economies, including India are falling behind or are at risk of fall..
Banks need to raise own capital
Public Sector Banks (PSBs) may raise capital themselves to meet regulatory and growth ..
Previous
Next