scorecardresearchGold plunges ₹430, silver down ₹750; check rates here

Gold plunges 430, silver down 750; check rates here

Updated: 25 May 2023, 04:37 PM IST
TL;DR.

  • In the overseas market, gold and silver were quoting lower at USD 1,960 per ounce and USD 23.09 per ounce, respectively.

The precious metal had ended at  <span class='webrupee'>₹</span>60,680 per 10 gram in the previous trade.

The precious metal had ended at 60,680 per 10 gram in the previous trade.

(PTI) Gold price plunged 430 to 60,250 per 10 gram in the national capital on Thursday amid weak global trends, according to HDFC Securities.

The precious metal had ended at 60,680 per 10 gram in the previous trade.

Silver also tumbled 750 to 72,450 per kg.

"Spot gold prices in the Delhi markets traded at 60,250 per 10 gram, down 430 per 10 gram," Saumil Gandhi, Senior Analyst - Commodities at HDFC Securities, said.

In the overseas market, gold and silver were quoting lower at USD 1,960 per ounce and USD 23.09 per ounce, respectively.

Comex spot gold price moved lower on the back of rally in the dollar and US treasury yields, Gandhi said.

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First Published: 25 May 2023, 04:37 PM IST