Gold extend losses, down Rs 120 on lacklustre demand

News, Business

New Delhi: Gold prices today fell further by Rs 120 to Rs 30,830 per 10 grams at the local market here owing to weak demand from jewellers despite a firm trend in overseas markets.

Gold had dropped by Rs 150 per 10 grams yesterday. On their hand, silver recovered by Rs 50 to Rs 39,850 per kg on scattered enquiries from industrial units and coin makers.