Gold falls by Rs 195, silver drops by Rs 223
PTI, Aug 1, 2022, 4:11 PM IST
Representational Image
New Delhi: Gold prices declined by Rs 195 to Rs 51,947 per 10 grams in the national capital on Monday amid weak global cues and rupee appreciation, according to HDFC Securities.
The precious metal had closed at Rs 52,142 per 10 grams in the previous trade.
Silver declined by Rs 223 to Rs 58,731 per kg from Rs 58,954 per kg in the previous trade.
The rupee strengthened by 13 paise to 79.11 against the US dollar in opening trade on Monday.
In the international market, gold was quoting lower at USD 1,764 per ounce while silver was flat at USD 20.21 per ounce.
“Gold prices traded weak with spot gold prices at COMEX trading around 0.14 percent down,” said Tapan Patel, Senior Analyst (Commodities) at HDFC Securities.
Udayavani is now on Telegram. Click here to join our channel and stay updated with the latest news.
Top News
Related Articles More
FPIs make remarkable comeback; infuse Rs 2 lakh cr in equities in FY24
PM cautions ‘significant risk of misuse’ of AI and other powerful tech in unskilled, untrained hands
RBI announces MPC schedule for FY25, first rates decision on April 5
Seven out of ten Indian shoppers say they would happily receive product deliveries without additional packaging
Renault Nissan to launch four new products, expand product portfolio
MUST WATCH
Latest Additions
IPL 2024: Kolkata Knight Riders ask Royal Challengers Bengaluru to bat
BJP indulging in tax terrorism; exemplary action will be taken after change of govt: Rahul Gandhi
Block it out, it’s all irrelevant: Smith on Hardik facing boos
JD(S) announces candidates for Lok Sabha elections
NIA announces Rs 10 lakh reward each on two accused wanted in Rameshwaram Cafe blast case