Gold plunges Rs 460 on weak global cues, fall in demand

News, Business

New Delhi: Gold prices tumbled by Rs 460 to Rs 31,390 per 10 grams at the bullion market today, snapping their four-day rising streak due to subdued global cues amid slump in local jewellers' demand.

Silver also fell by Rs 250 to Rs 39,300 per kg owing to reduced offtake by industrial units and coin makers.