Gold snaps 3-day gain, falls on Friday

Rozana Spokesman

News, Business

Snapping a three-day winning streak, gold prices on Friday slipped by Rs 263 to Rs 48,861 per 10 grams in the national capital

Gold and Silver

New Delhi: Snapping a three-day winning streak, gold prices on Friday slipped by Rs 263 to Rs 48,861 per 10 grams in the national capital, due to a weak trend in the international market.

The precious yellow metal had closed at Rs 49,124 per 10 gm in the previous session.

Silver prices also declined from Rs 806 to Rs 66,032 per kilogram, compared with the previous close of Rs 66,838 per kg.

In the international market, gold was trading weaker at USD 1,861 an ounce, while silver was down at USD 25.52 an ounce.