Gold fell by Rs 534, silver also fell by Rs 628


new Delhi : Gold and silver declined on Thursday. Gold fell by Rs 534 to Rs 48,652 per 10 grams in Delhi Bullion Market. Silver fell by Rs 628 to Rs 62,711 per kg. The fall in gold and silver abroad had an impact on its domestic prices.

On Wednesday, gold had closed at Rs 49,186. The price of silver was Rs 6339 per kg. In the international market, gold was at $ 1,835 an ounce with weakness. Silver was $ 23.84 an ounce without change.

See gold and silver prices and other details

HDFC Securities Senior Analyst (Commodity) Tapan Patel said, “Delay in negotiation of relief package in the US showed pressure on gold prices. The dollar saw a sharp rise for the fourth consecutive day.”

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