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Gold declines Rs 369; silver tanks Rs 390

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Gold costs within the nationwide capital dipped Rs 369 to Rs 48,388 per 10 gram on Thursday monitoring weak world tendencies, in accordance with HDFC Securities.

In the earlier commerce, it had closed at Rs 48,757 per 10 gram.

Silver additionally declined Rs 390 to Rs 64,534 per kg, from Rs 64,924 per kg within the earlier commerce.

In the worldwide market, gold was quoting decrease at USD 1,842 per ounce and silver was flat at USD 25.21 per ounce.

“Gold prices traded down on stronger dollar,” mentioned HDFC Securities Senior Analyst (Commodities) Tapan Patel.

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