INSUBCONTINENT EXCLUSIVE:
Sovereign also fell by Rs 100 to Rs 24,500 per piece of eight grams.Gold slipped by Rs 70 to Rs 31,080 per 10 grams due to sluggish demand
from jewellers and weak global cues, reported news agency Press Trust of India
Silver too lost Rs 170 to Rs 38,300 per kg due to reduced offtake by industrial units and coin makers
Traders said apart from a weak global trend, fall in demand from local jewellers and retailers at prevailing higher levels led to the
Gold prices inched up on Wednesday after a sharp fall in the previous session, but a firmer dollar on the back of expectations of higher US
interest rates and lingering Sino-US trade tensions capped the precious metal's gain, reported Reuters.Spot gold was up 0.3 per cent at
$1,204.43 an ounce in the early-day trade
Prices hit their highest since August 10 at $1,214.28 on Tuesday, but closed 0.8 per cent lower as US Treasuries rose after the United
In Delhi, gold of 99.9 per cent and 99.5 per cent purity slipped by Rs 70 each to Rs 31,080 and Rs 30,930 per 10 grams, respectively
The precious metal had gained Rs 530 in the previous four sessions
Sovereign also fell by Rs 100 to Rs 24,500 per piece of eight grams.3
after gains, says Jigar Trivedi - fundamental research analyst, commodities," Anand Rathi Commodities.Analysts will also watch US economic
Silver coins continued to be traded at the previous levelof Rs 73,000 for buying and Rs 74,000 for selling of 100 pieces.(With agency
