Gold Silver Reports (GSR) – Gold prices today slipped on muted demand from jewellers and muted trend overseas.
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Gold prices fall after 3 days but silver rates top Rs 40,000
In Delhi, prices of gold of 99.9% and 99.5% purities today declined by Rs 145 each to Rs 32,690 and Rs 32,540 per 10 gram, respectively. Sovereign gold, however, remained unchanged at Rs 25,200 per piece of 8 gram.
Gold Kiss Multi-Month High as Weak Data Concerns Growth Fears
“Gold prices hit a 6-month high and the trend is up on a near-term basis which is inviting technical-based buying interest. Probably some new speculative fund money coming into the market combined to push gold prices higher despite the stronger dollar.”