Gold hits 4-month low, slips Rs 180 on overseas trend

News, Business

New Delhi: Gold prices went down for the sixth straight day, plunging by Rs 180 to over 4-month low of Rs 29,400 per 10 grams at the bullion market today, hurt by a sluggish trend overseas and lower demand from jewellers.

Silver also shed Rs 25 to Rs 37,775 per kg due to reduced offtake by industrial units and coin makers.