Gold News

Gold decline to Rs.29290 per 10 gm silver up at Rs.41800.

Gold decline to Rs.29290 per 10 gm silver up at Rs.41800.


NEW DELHI, APRIL 10 
Gold prices eased by Rs. 10 to Rs. 29,290 per 10 grams in thin trade today, tracking a weak trend overseas amid muted demand from local jewellers.Silver, however, recovered Rs. 50 to Rs. 41,800 per kg on diffused demand from industrial units and coin makers.Other than global leads because of mounting tension between the US and Russia, softness in demand from local jewellers at the domestic spot market mainly kept gold prices lower, traders said.Globally, gold fell 0.1 per cent to $1,252.60 an ounce and silver by 0.28 per cent to $17.91 in Singapore.In the national capital, gold of 99.9 per cent and 99.5 per cent purity shed Rs. 10 each at Rs. 29,290 and Rs. 29,140 per 10 grams, respectively.Sovereign, however, remained steady at Rs. 24,400 per piece of eight grams.On the other hand, silver ready edged up by Rs. 50 to Rs. 41,800 per kg, while weekly-based delivery traded lower by Rs. 10 at Rs. 41,370 per kg.

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