scorecardresearchGold falls ₹100, silver prices remain flat; check rates here

Gold falls 100, silver prices remain flat; check rates here

Updated: 29 Jun 2023, 06:19 PM IST
TL;DR.

  • In the overseas markets, gold was trading lower at USD 1,904 per ounce, while silver was flat at USD 22.74 per ounce.

The precious metal had closed at  <span class='webrupee'>₹</span>59,050 per 10 grams in the previous trade.

The precious metal had closed at 59,050 per 10 grams in the previous trade.

(PTI) Gold prices declined 100 to 58,950 per 10 grams in the national capital on Thursday amid a decline in precious metal prices globally, according to HDFC Securities.

The precious metal had closed at 59,050 per 10 grams in the previous trade.

However, silver prices remained flat at 71,250 per kilogramme.

Gold extended losses on Thursday, with spot gold prices in the Delhi markets trading at 58,950/10 grams, down by 100 per 10 grams, Saumil Gandhi, Senior Analyst - Commodities at HDFC Securities, said.

In the overseas markets, gold was trading lower at USD 1,904 per ounce, while silver was flat at USD 22.74 per ounce.

Comex spot gold fell to nearly a level of USD 1,900 per ounce in today's session as investors weighed the latest hawkish commentary from US Fed Chair Jerome Powell on Wednesday, which indicated that the policymakers could potentially raise interest rates in July and September, Gandhi said.

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First Published: 29 Jun 2023, 06:19 PM IST