Home NewsCommodities News gold price: Gold declines Rs 176 amid weak global trends

gold price: Gold declines Rs 176 amid weak global trends

by WOOWinvest
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gold price: Gold declines Rs 176 amid weak global trends


NEW DELHI: Gold prices in the capital fell by Rs 176 to Rs 50,649 per 10 grams on Wednesday, according to data from HDFC Securities, reflecting a decline in international precious metal prices. In previous trades, gold settled at Rs 50,825 per 10 grams.

Silver also fell by Rs 443 to Rs 59,725 per kg from Rs 60,168 per kg in the previous session.

“Spot gold prices for 24-karat gold in Delhi fell by Rs 176 as the COMEX gold price fell,” said senior analyst (commodities) Tapan Patel.

securities.

On the international market, gold was quoted as low as $1,817 an ounce, while silver was flat at $20.82 an ounce.

Gold prices traded weakly, with spot gold prices on COMEX down 0.11% to $1,817 an ounce on Wednesday, Patel added.

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