New Delhi: Gold came under pressure from a
rising dollar with a fall of Rs 115 to Rs 30,135 per 10 grams
today, which was compounded by tepid demand from local
jewellers.
The fall was in line with a weak trend overseas as the
strength in the dollar dented demand for the precious metal as
a safe haven.
Silver too lost sheen, losing Rs 450 to Rs 40,050 per kg,
following reduced offtake by industrial units and coin makers.