scorecardresearchGold declines by ₹53; silver slips to ₹256

Gold declines by 53; silver slips to 256

Updated: 17 Aug 2022, 03:55 PM IST
TL;DR.

Gold in the national capital on Wednesday slipped 53 to 52,340 per 10 grams. Silver also declined 256 to 57,957 per kg from 58,213 per kg in the previous trade.

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(PTI) Gold in the national capital on Wednesday slipped 53 to 52,340 per 10 grams amid a decline in international precious metal prices and rupee appreciation, according to HDFC Securities.

In the previous trade, the yellow metal had closed at 52,393 per 10 grams.

Silver also declined 256 to 57,957 per kg from 58,213 per kg in the previous trade.

The rupee appreciated 44 paise to 79.30 against the US dollar in the opening trade on Wednesday, mainly on account of foreign fund inflows.

In the international market, gold was quoting lower at USD 1,772 per ounce while silver was flat at USD 19.96 per ounce.

"Gold prices have kept a steady trading range on mixed global cues and firm dollar," said Tapan Patel, Senior Analyst (Commodities) at HDFC Securities. 

First Published: 17 Aug 2022, 03:55 PM IST