Fair
23°CTue :Clear. High: 31 Low: 22

Gold falls further by Rs 125 to Rs 30,045 per 10 gm

Gold falls further by Rs 125 to Rs 30,045 per 10 gm

New Delhi: Gold prices on Tuesday fell further by Rs 125 to Rs 30,045 per 10 grams here due to stockists selling amid slackened demand and weak global trend.

However, silver recovered by Rs 250 to Rs 55,450 per kg on increased offtake by industrial units and coin makers.

Marketmen said sluggish demand at current levels amid a weak global trend mainly led to the fall in gold prices.

In New York, gold declined by USD 2.20 to USD 1,574.60 an ounce.

In addition, investors shifting their funds to rising equity market for quick gains further influenced the sentiment.

On the domestic front, gold of 99.9 and 99.5 percent purity fell by Rs 125 each to Rs 30,045 and Rs 29,845 per 10 grams, respectively. It had shed Rs 10 yesterday. Sovereigns continued to be asked around previous level of Rs 25,300 per piece of eight grams.

On the other hand, silver ready recovered by Rs 250 to Rs 55,450 per kg and weekly-based delivery by Rs 225 to Rs 55,050 per kg, respectively. Silver coins also jumped up by Rs 1,000 to Rs 82,000 for buying and Rs 83,000 for selling of 100 pieces.

 

Top Stories

AAP_Confrence1_ShrutiDhapola

Delhi: BJP, Congress running away from fresh Assembly polls, says AAP

July-21-2014
New Delhi: Aam Aadmi Party on Sunday claimed that BJP was “running away” from fresh elections in the national capital and also
katju

Parties question timing of Katju’s charges, demand probe into allegations

July-21-2014
New Delhi: Markandey Katju’s charges that three ex-Chief Justices of India had compromised in giving extension and elevation to an additional judge
x21-sanjusamson-cl-600.jpg.pagespeed.ic.4mBiJ-RME7

India A lose to Australia A

July-21-2014
DARWIN, July 20 (PTI): Sanju Samson’s valiant 81-run knock was overshadowed by Kane Richardson’s five-wicket haul as India A today lost by
Alia_Bhatt_at_the_DVD_launch_of_'Highway'_(cropped)

Alia Bhatt signs Shaandar; pairs up with first love Shahid Kapoor

July-21-2014
Alia Bhatt has signed Vikas Bahl’s Shaandar and will pair up with Shahid Kapoor, who is claims was her first love at
iphone5sbeatsgalaxys5insalesdominatesmarketh_1405936545_980x457

iPhone 5s Beats Galaxy S5 In Sales, Dominates Market

July-21-2014
Things are not going as expected for smartphone maker Samsung. Galaxy S5 was hailed as being the coin of fortune for Samsung,
1396984570-388

Markets end higher led by RIL on robust Q1 earnings

July-21-2014
Markets gained for the fifth straight session on Monday amid encouraging first quarter earnings from index heavyweights Reliance Industries and HDFC. Meanwhile,