Never miss a great news story!
Get instant notifications from Economic Times
AllowNot now


You can switch off notifications anytime using browser settings.
11,946.8074.7
Stock Analysis, IPO, Mutual Funds, Bonds & More

Gold falls marginally by Rs 30; silver up Rs 150

The precious metal had closed at Rs 38,985 per 10 gram on Saturday.

PTI|
Oct 21, 2019, 05.48 PM IST
0Comments
Gold-5--Reuters

Commodity Summary
MCX

GOLD
SILVER
Gold prices on Monday fell marginally by Rs 30 to Rs 38,955 per 10 gram in the national capital on a weak global trend, according to HDFC Securities.

The precious metal had closed at Rs 38,985 per 10 gram on Saturday.

"Spot gold prices for 24 Karat in Delhi was trading marginally down by Rs 30 to Rs 38,955 in absence of festival buying and weak global prices," HDFC Securities, senior analyst - Commodities, Tapan Patel said.

Silver prices, however, moved up by Rs 150 to Rs 46,750 per kg from Rs 46,600 per kg.

In the international market, gold prices were trading flat at USD 1,488.76 an ounce and silver was trading at USD 17.67 per ounce.

"The international gold prices traded lower as the US and China are narrowing the trade differences in order to pen down key phase 1 trade deal in November 2019," he added.

Also Read

Gold Rate Today: Gold, silver shine on safe haven demand

Gold rate today: Gold gains as Moody's downgrades outlook on India

Gold Rate Today: Gold, silver edge lower on rise in risk appetite

Gold rate today: Gold, sliver lose sheen as market sentiments improve

Gold rate today: Gold, silver add gains as rupee strengthens

Comments
Add Your Comments
Commenting feature is disabled in your country/region.
Download The Economic Times Business News App for the Latest News in Business, Sensex, Stock Market Updates & More.

Other useful Links


Follow us on


Download et app


Copyright © 2019 Bennett, Coleman & Co. Ltd. All rights reserved. For reprint rights: Times Syndication Service