Rudra Investment Best Commodity Tips Provider says due to the fall in gold prices at global level, it lost Rs 80 to Rs 30,890 per 10 grams in Delhi Sarafra Bazar on Monday. Silver, silver by Rs 65 to Rs 39,320 per kg on improved local demand.
In the foreign markets, softening of yellow metal. Gold prices fell by $ 2.80 to $ 1,229.05 an ounce. In August, the US gold futures also dropped $ 2.50 to $ 1,228.60 an ounce.
Market analysts said that gold is sluggish due to the dollar's strengthening compared to other major currencies of the world. Generally there is a reverse relationship between gold and dollar. The one in the other gets very soft. In the international market, the silver spot dropped by $ 0.03 to $ 15.45 an ounce.
Gold bureau has also broken down to Rs 30,740 per ten grams due to sluggish subscription in the local market. Eight gram gins, however, remained firmly at Rs 24,700.
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In the foreign markets, softening of yellow metal. Gold prices fell by $ 2.80 to $ 1,229.05 an ounce. In August, the US gold futures also dropped $ 2.50 to $ 1,228.60 an ounce.
Market analysts said that gold is sluggish due to the dollar's strengthening compared to other major currencies of the world. Generally there is a reverse relationship between gold and dollar. The one in the other gets very soft. In the international market, the silver spot dropped by $ 0.03 to $ 15.45 an ounce.
Gold bureau has also broken down to Rs 30,740 per ten grams due to sluggish subscription in the local market. Eight gram gins, however, remained firmly at Rs 24,700.
Get Free Trial On WhatsApp:- 9981111444
Give Us Missed Call: 18001371373
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