INSUBCONTINENT EXCLUSIVE:
Gold prices today: Sovereign gold remained steady at Rs 24,500 per piece of 8 grams.Gold prices lowered by Rs 10 to Rs 31,650 per 10 grams
at the bullion market on Thursday, reported news agency Press Trust of India (PTI)
Weak demand from local jewellers amid subdued trend overseas led to fall in gold prices, said forex dealers
However, silver prices strengthened by Rs 100 to Rs 38,100 per kg due to increased offtake by industrial units and coin makers
In the national capital, gold of 99.9 per cent and 99.5 per cent purity shed Rs 10 each at Rs 31,650 and Rs 31,500 per 10 grams,
According to traders, easing demand from local jewellers and retailers at prevailing levels at the domestic spot market and weak global
31,660 per 10 gram at the bullion market.3
Globally, gold fell 0.07 per cent to $1,202.80 an ounce and silver by 0.04 per cent to $14.22 an ounce in Singapore.7
According to a Reuters report, gold has declined about 11.6 per cent from a peak in April, hurt by the intensifying US-China trade dispute
Gold has been stuck in a range between $1,215 and $1,187 for the past three weeks, with investors looking for a breakout on either side for
