In New Delhi, gold of 99.9% and 99.5% purity declined by Rs25 each to Rs30,525 and Rs30,375 per 10 gram, respectively. Photo: MintNew Delhi: Gold prices softened by Rs25 to Rs30,525 per 10 gram at the bullion market on Friday, tracking a weak trend overseas amid tepid demand from jewellers at the domestic spot market. Silver however remained steady at Rs40,500 per kg in scattered deals from industrial units and coin makers. Traders said, apart from a weak trend overseas, fall in demand from jewellers and retailers at existing levels weighed on gold prices. In the national capital, gold of 99.9% and 99.5% purity declined by Rs25 each to Rs30,525 and Rs30,375 per 10 gram, respectively.
Source: Mint November 24, 2017 09:22 UTC