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Gold Prices Fall By Rs 300 On Weak Demand

On Saturday, gold closed at Rs 39,525 per 10 grams, while silver at Rs 49,900 per kilogram.
On Saturday, gold closed at Rs 39,525 per 10 grams, while silver at Rs 49,900 per kilogram.
Prices of gold on Monday declined by Rs 300 to Rs 39,225 per 10 grams at the bullion market here, in absence of demand and a stronger rupee, according to HDFC Securities. Silver was also on weak ground, tumbling Rs 1,400 to Rs 48,500 per kilogram. "Spot gold prices for 24 karat (99.9 per cent purity) in Delhi was trading down by Rs 300 in absence of physical demand and a stronger rupee," said Tapan Patel, senior analyst, commodities,...
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