Gold prices fall by Rs 274, silver drops by Rs 542
Gold prices in the national capital fell by Rs 274 to Rs 47,185 per 10 gram on Thursday, according to HDFC Securities.
File Photo
New Delhi: Gold prices in the national capital fell by Rs 274 to Rs 47,185 per 10 gram on Thursday, according to HDFC Securities.
On Wednesday, the precious metal had closed at Rs 47,459 per 10 gram.
"Spot gold prices for 24 carat gold at Delhi were trading down by Rs 274 reflecting overnight fall in global gold prices despite weaker rupee," HDFC Securities Senior Analyst (Commodities) Tapan Patel said.
The retail jewellery stores are opening gradually in India with ease in lockdown, he added.
In the international market, gold was trading with gains at USD 1,704 per ounce, while silver was trading flat at USD 17.62 per ounce.