Gold price declines due to sluggish demand of jewellery sellers
Gold price declines due to sluggish demand of jewellery sellers
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NEW DELHI: Due to weak overseas sentiment and sluggish demand from local jewellery sellers, the gold price fell by Rs 100 on Friday to Rs 33,620 per 10 grams in delhi. The price of silver also fell to Rs.38,090 per kilogram with a loss of Rs.10 due to lower offtake of industrial units and coin makers. Globally, gold declined to 1,333.90 dollars per ounce and silver declined to 14.85 dollars per ounce.

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This is the spirit of today

As per the information received from the sources, gold prices with a purity of 99.9 and 99.5 per cent fell to Rs 100-100 in the Delhi Bullion market, closing at Rs 33,620 and Rs 33,450 per 10 grams. On Saturday, gold fell by Rs 150 to Rs 33,720 per 10 grams. Market sources attributed the fall in gold prices to the declining demand of local jewellery traders and the weak global trend.

 

Increased demand like this

At the same time, the gold standard in the local market fell by Rs 100 to Rs 33,620 per ten grams. Gold bitur also fell by a similar rate to Rs 33,450 per ten grams. However, the eight-gram guinea remained stable at Rs 26,800 per eight grams. Silver also saw a softening. The silver spot went down by Rs 10 to Rs 38,090 per kilogram. Silver futures went down by Rs.685 to Rs.36,115 per kilogram. The coin liwali and the selling last day remained at Rs 80 thousand and Rs 81 thousand per second respectively.

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