Gold prices in the national capital have risen3.59 per cent so far this month
- In the national capital, gold of 99.9 per cent and 99.5 per cent purity declined by Rs 70 to Rs 35,500 and Rs 35,330 per 10 gram, respectively.
- Sovereign gold held steady at Rs 27,400 per eight grams.
- In the global commodity markets, gold prices eased on Wednesday as the dollar held near a one-week high on the back of better-than-expected retail sales data from the US.
- Spot gold was last seen trading 0.3 per cent lower at $1,402.42 per ounce.
- Investors awaited direction on interest rates from the Federal Reserve.
- The prices of the yellow metal were on track for a third straight session of losses as robust US data trimmed expectations of an aggressive interest rate cut by the US central bank.
- The dollar index – which gauges the US currency against six major peers - was last seen trading marginally lower at 97.325 after gaining 0.5 per cent the previous day.
- Silver ready jumped by Rs 660 to Rs 40,190 per kilogram. The white metal meant for a weekly-based delivery gained by Rs 687 per kilogram to Rs 39,397 per kilogram.
- Silver coins remained flat at Rs 81,000 for buying and Rs 82,000 for selling of 100 pieces.
- Gold prices in the national capital have risen 3.59 per cent so far this month.
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