HomeBusinessGold tumbles Rs 264 to Rs 46,452; silver features marginally

Gold tumbles Rs 264 to Rs 46,452; silver features marginally

New Delhi: Gold within the nationwide capital on Thursday dipped Rs 264 to Rs 46,452 per 10 gram with decline in international treasured steel costs and rupee appreciation, in accordance with HDFC Securities.

Within the earlier commerce on Tuesday the dear steel had closed at Rs 46,716 per 10 gram.

 

In distinction, silver gained marginally by Rs 4 to Rs 65,484 per kilogram from Rs 65,480 per kilogram within the earlier commerce.

The Indian rupee strengthened by 18 paise to 74.43 in opposition to the US greenback in early commerce on Thursday.

Within the worldwide market, gold was buying and selling decrease at USD 1,797 per ounce and silver was flat at USD 25.17 per ounce.

“Gold prices traded down to the lowest levels in two weeks witnessing selling with rise in US bond yields and dollar index,” in accordance with HDFC Securities, Senior Analyst (Commodities), Tapan Patel.

 

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