(PTI) Gold price fell by ₹50 to ₹59,600 per 10 grams in the national capital on Thursday amid fall in precious metal prices in overseas markets, according to HDFC Securities.
In the previous trade, the yellow metal had finished at ₹59,650 per 10 grams.
Silver also tumbled ₹400 to ₹73,000 per kg.
In the international markets, both gold and silver were quoting lower at USD 1,906 per ounce and USD 22.55 per ounce, respectively.
"The Comex gold price dropped to a fresh three-week low as fresh US inflation data indicated the Federal Reserve may implement further monetary tightening this year," Saumil Gandhi, senior analyst of commodities at HDFC Securities, said.
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First Published: 14 Sep 2023, 05:09 PM IST