scorecardresearchGold plunges ₹430 ahead of Akshay Tritiya, silver tumbles by ₹670; check

Gold plunges 430 ahead of Akshay Tritiya, silver tumbles by 670; check rates here

Updated: 21 Apr 2023, 05:34 PM IST
TL;DR.

  • In the overseas markets, gold and silver were quoting lower at USD 1,988 per ounce and USD 25.12 per ounce, respectively.

In the previous trade, the precious metal had settled at  <span class='webrupee'>₹</span>60,980 per 10 grams.

In the previous trade, the precious metal had settled at 60,980 per 10 grams.

(PTI) Gold prices plunged by 430 to 60,550 per 10 grams in the national capital on Friday amid weak global cues, according to HDFC Securities.

In the previous trade, the precious metal had settled at 60,980 per 10 grams.

Silver also tumbled 670 to 75,080 per kg.

Retail demand is likely to improve on Akshay Tritiya, which is considered an auspicious day to buy valuables and gold, Saumil Gandhi, Senior Analyst - Commodities at HDFC Securities, said. Akshay Tritiya is falling on Saturday.

In the overseas markets, gold and silver were quoting lower at USD 1,988 per ounce and USD 25.12 per ounce, respectively.

 

Article
Digital gold versus gold ETFs versus gold bonds
First Published: 21 Apr 2023, 05:34 PM IST