Gold falls by ₹90, silver declines ₹350; check rates here

(PTI) Gold price eased by ₹90 to ₹59,945 per 10 gram in the national capital on Tuesday amid weak global trends, according to HDFC Securities.

In the previous trade, the precious metal had closed at ₹60,035 per 10 gram.

Silver also went lower by ₹350 to ₹72,250 per kilogram.

"Spot gold prices in the Delhi markets traded at ₹59,945 per 10 gram, down ₹90 per 10 gram," Saumil Gandhi, Senior Analyst - Commodities at HDFC Securities, said.

In the overseas markets, both gold and silver were quoting lower at USD 1,939 per ounce and USD 23.05 per ounce, respectively.

Gold prices edged lower in Asian trading hours on Tuesday on high chances of the US debt-ceiling deal being sealed, softer dollar and reduced safe haven demand, Gandhi said.