scorecardresearchGold declines ₹420, silver jumps ₹500; check rates here

Gold declines 420, silver jumps 500; check rates here

Updated: 08 Jun 2023, 05:01 PM IST
TL;DR.

  • In the international markets, gold was quoting lower at USD 1,945 per ounce while silver was up at USD 23.65 per ounce.

The yellow metal had closed at  <span class='webrupee'>₹</span>60,800 per 10 gram in the previous trade.

The yellow metal had closed at 60,800 per 10 gram in the previous trade.

(PTI) Gold price declined by 420 to 60,380 per 10 gram in the national capital on Thursday amid a fall in prices of the precious metal overseas, according to HDFC Securities.

The yellow metal had closed at 60,800 per 10 gram in the previous trade.

Silver, however, jumped 500 to 73,300 per kilogram.

"Spot gold prices for the Delhi market traded at 60,380/ per 10 gram, down by 420 per 10 gram," Saumil Gandhi, Senior Analyst - Commodities at HDFC Securities, said.

In the international markets, gold was quoting lower at USD 1,945 per ounce while silver was up at USD 23.65 per ounce.

Gold price came under pressure on the back of a rally in US bond yields on expectations of further tightening of the interest rates by the US Fed, Gandhi said.

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First Published: 08 Jun 2023, 05:01 PM IST