scorecardresearchGold falls ₹50, silver plunges ₹500; check rates here

Gold falls 50, silver plunges 500; check rates here

Updated: 04 Oct 2023, 05:29 PM IST
TL;DR.

  • In the overseas markets, gold was quoting lower at USD 1,822 per ounce, while silver was flat at USD 21.09 per ounce.

The yellow metal had settled at  <span class='webrupee'>₹</span>57,550 per 10 grams in the previous trade.

The yellow metal had settled at 57,550 per 10 grams in the previous trade.

(PTI) Gold price fell by 50 to 57,500 per 10 grams in the national capital on Wednesday amid a fall in precious metal prices in international markets, according to HDFC Securities.

The yellow metal had settled at 57,550 per 10 grams in the previous trade.

Silver also plunged 500 to 71,000 per kg.

In the overseas markets, gold was quoting lower at USD 1,822 per ounce, while silver was flat at USD 21.09 per ounce.

Comex spot gold traded around its lowest level in almost seven months on the back of strong US macro data and a surge in US bond yields, Saumil Gandhi, senior analyst of commodities at HDFC Securities, said.

Article
We explain here how to invest in gold
First Published: 04 Oct 2023, 05:29 PM IST