Gold falls Rs 220 on weak global cues, low demand

News, Business

New Delhi: Gold prices went down by Rs 220 to Rs 31,450 per 10 grams at the bullion market today backed by a weak trend overseas amid easing demand from local jewellers at prevailing levels.

Silver also dropped by Rs 400 to Rs 39,500 per kg due to reduced offtake by industrial units and coin makers.