INSUBCONTINENT EXCLUSIVE:
On Thursday, gold prices had declined by Rs 270 to Rs
34,180 per 10 grams at the bullion market.Gold prices were ruling flat at Rs 34,175 per 10 gram, while silver dropped by Rs 570 to Rs 40,930
per kg in the national capital on Friday, reported news agency Press Trust of India (PTI) quoting the All India Sarafa Association
Gold prices fell slightly by Rs 5 on weak demand, but a firm global trend overseas capped the fall, traders were quoted as saying in the PTI
On Thursday, gold prices had declined by Rs 270 to Rs
34,180 per 10 grams at the bullion market.Here are 5 things to know about gold prices, silver rates:1
In the national capital, gold of 99.9 per cent and 99.5 per cent purities dropped by Rs 5 each to Rs 34,175 and Rs 34,025 per 10 gram,
According to news agency Reuters, scrap gold supplies in India, the world's second-biggest consumer of bullion, may increase this quarter
as a rally in local gold prices has prompted consumers to sell old trinkets and jewellery
This may cause gold imports to continue to fall this year which could weigh on global prices that are trading near their highest since the
Meanwhile, silver ready slumped by Rs 570 to Rs 40,930 per kg on Friday, while weekly-based delivery lost Rs 571 to Rs 39,829 per kg
