Big Fall In Gold And Silver Prices
70 Rupees Cheaper Gold, Silver Prices Increases
New Delhi: Gold fell by Rs 70 to a One Week low of Rs 41,100 per 10 grams at the daily bullion market on Friday amid softening of yellow metal abroad. at the same time silver shown by rupees 25 to reach rupees 47,8500 per kilogram. Goldspot slipped by $ 1.60 to $ 1,550.70 an ounce as tensions between the Us and Iran Declined. February gold futures also fell by $ 1.20 to $ 1,553.10 an ounce.
the market analyst pointed out that the attractive patients of gold as a safe investment has come down due to reduced tensions in West Asia. At the same time, the strength of the dollar also put pressure on the yellow metal. In the international market, silver spot fell to $ 70.89 and answers with a softness of dollar $ 0.02.
Gold softens for the second consecutive day
the impact of the following prices abroad was also seen in the local market and gold remained Shop for the second consecutive day. The gold standard sleep at rupees 70 Rs 41,100 per 10 grams. This is the lower level after 3 January. Sona birther was equally soft at RS 40,930 per 10 grams. Sovereign held steady at RS 30,800 per piece of eight grams. Silver rose sharply as opposed to gold. Silverspot gained Rs 25 to Rs 47,850 per kg. Silver futures rose by RS 256 to RS 46,621 per kg. coin buying and selling Rose by rupees 10 are to rupees 980 and rupees 990 per unit, respectively.
Gold standard per 10 grams: RS 41,100
Gold Bithur per 10 grams: Rs 40,930
Silverspot per kg: RS 47,850
Silver futures per kg: RS 46,621
Coin buying per unit: RS 980
Coin Sold Per Unit : RS 990
Sovereign per every eight grams: RS 30,800