Gold tumbles Rs 124 to Rs 46,917; silver marginally lower

PTIUpdated: Monday, August 02, 2021, 04:22 PM IST
article-image
Gold in the national capital on Monday dipped Rs 124 to Rs 46,917 per 10 gram amid a decline in international precious metal prices and rupee appreciation/Representative image |

Gold in the national capital on Monday dipped Rs 124 to Rs 46,917 per 10 gram amid a decline in international precious metal prices and rupee appreciation, according to HDFC Securities.

In the previous trade, the precious metal had closed at Rs 47,041 per 10 grams.

Silver went marginally lower by Rs 18 to Rs 66,473 per kilogram from Rs 66,491 per kilogram in the previous trade.

"Spot gold prices for 24 carats in Delhi fell by Rs 124 with a decline in COMEX gold prices and rupee appreciation," according to HDFC Securities, Senior Analyst (Commodities), Tapan Patel.

The Indian rupee gained 9 paise and touched 74.33 against the US dollar in early trade on Monday.

In the international market, gold traded lower at $1,808 per ounce and silver was flat at $25.47 per ounce.

(If you have a story in and around Mumbai, you have our ears, be a citizen journalist and send us your story here. )

(To receive our E-paper on WhatsApp daily, please click here.  To receive it on Telegram, please click here. We permit sharing of the paper's PDF on WhatsApp and other social media platforms.)

RECENT STORIES

Adani vs Hindenburg: Congress stages protest outside LIC, SBI offices across cities

Adani vs Hindenburg: Congress stages protest outside LIC, SBI offices across cities

Mumbai: D Mart owner Damani, his family purchase property worth ₹1,238 crore in Oberoi's Three...

Mumbai: D Mart owner Damani, his family purchase property worth ₹1,238 crore in Oberoi's Three...

Blue Star launches new range of affordable room ACs for 2023

Blue Star launches new range of affordable room ACs for 2023

Blue Star subsidiary begins commercial production in new manufacturing facility in Sri City

Blue Star subsidiary begins commercial production in new manufacturing facility in Sri City

PVR cinemas expand footprint in the North; launch 4-screen multiplex in Faridabad, Haryana

PVR cinemas expand footprint in the North; launch 4-screen multiplex in Faridabad, Haryana