INSUBCONTINENT EXCLUSIVE:
Gold prices on Thursday declined by Rs 405 to Rs 32,385 per 10 grams on reduced buying by local jewellers, reported news agency Press Trust
of India (PTI) quoting the All India Sarafa Association
Silver too slumped by Rs 104 to Rs 38,246 per kg on subdued offtake by industrial units and coin makers
Gold fell due to decline in domestic demand, said the report citing traders
things to know about gold, silver prices:1
Globally, gold prices edged up on Thursday from the near 4-month low touched early in the session after data showing euro zone businesses
were under pressure brought concerns about global growth back to the fore, reported news agency Reuters.2
Spot gold was up 0.2 per cent at $1,275.71 per ounce in intraday trade, having fallen to its lowest since December 27 at $1,270.63 earlier
In Delhi, gold of 99.9 per cent and 99.5 per cent purity reduced by Rs 405 and Rs 395 to Rs 32,385 and Rs 32,225 per 10 gram, respectively
On Wednesday, Delhi bullion market was closed on account of Mahavir Jayanti.4
Silver ready dropped Rs 104 to Rs 38,246 per kg, while weekly-based delivery fell by Rs 187 to Rs 37,135 per kg
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