Home NewsCommodities News Gold slips Rs 53; silver declines Rs 256

Gold slips Rs 53; silver declines Rs 256

by WOOWinvest
0 comment
Gold slips Rs 53; silver declines Rs 256


Gold in the national capital on Wednesday slipped Rs 53 to Rs 52,340 per 10 grams amid a decline in international precious metal prices and rupee appreciation, according to Securities. In the previous trade, the yellow metal had closed at Rs 52,393 per 10 grams.

Silver also declined Rs 256 to Rs 57,957 per kg from Rs 58,213 per kg in the previous trade.

The rupee appreciated 44 paise to 79.30 against the US dollar in the opening trade on Wednesday, mainly on account of foreign fund inflows.

In the international market, gold was quoting lower at USD 1,772 per ounce while silver was flat at USD 19.96 per ounce.

“Gold prices have kept a steady trading range on mixed global cues and firm dollar,” said Tapan Patel, Senior Analyst (Commodities) at HDFC Securities.

You may also like

Leave a Comment

Our Mission is to help you make better trading decisions by providing actionable investing content, comprehensive tools, educational resources and assist you in making more money in the stock market.

Latest News

Newsletter

Subscribe my Newsletter for new blog posts, tips & new photos. Let's stay updated!

@2022 – All Right Reserved. Designed and Developed by WOOW Invest

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Read More

Privacy & Cookies Policy