News posted by www.newsinfoline.com
Mumbai, June 24 (PTI) Gold prices declined at the bullion market here today due to hectic profit selling by traders and speculators on the back of bearish trend overseas. Silver also slumped on heavy offloading by stockists coupled with lower industrial offtake. Standard gold (99.5 purity) shed Rs 70 per 10 grams to close at Rs 18,665 from yesterday''s closing level of Rs 18,735. Pure gold (99.9 purity) also ended by a similar margin at Rs 18,750 per 10 grams against Rs 18,820 previously. Silver ready (.999 fineness) dropped by Rs 350 per kilo to finish at Rs 29,780 from Rs 30,130 yesterday. Gold futures fell in New York yesterday on a strong dollar. Gold for August delivery was down by USD 8 to USD 1,234.80 an ounce on the COMEX division of NYMEX. Silver for July delivery also lost 44 cents or 2.3 per cent to conclude at USD 18.45 an ounce.
News posted by www.newsinfoline.com
Click here to read more news from www.newsinfoline.com
Please follow our blogs
newsinfolinephotogallery
prabugallery
newsinfolinephotogallery1
photogallery1
No comments:
Post a Comment