INSUBCONTINENT EXCLUSIVE:
Sovereign, however, held steady at Rs 24,500 per piece of eight gram.Gold slipped by Rs 30 to Rs 30,620 per 10 gram at the bullion market on
Thursday on easing demand from local jewellers amid weak trend overseas, reported Press Trust of India (PTI)
Silver also slumped by Rs 300 to Rs 37,800 per kg on reduced offtake by industrial units and coin makers
Traders said sentiment turned bearish as gold fell in global markets, after hitting a one-week high in the previous session, as fears of
gold and silver prices today:1
Globally, spot gold was down 0.6 per cent at $1,188.16 an ounce at 0823 GMT
Prices hit their highest since August 13 at $1,201.51 on Wednesday, but failed to hold the psychological $1,200 level after recovering from
1-1/2-year lows touched last week, reported Reuters
In the national capital, gold of 99.9 per cent and 99.5 per cent purity shed Rs 30 each to Rs 30,620 and Rs 30,470 per 10 gram, respectively
The precious metal had gained Rs 400 in the previous three days.3
