Friday was a day of slowdown for the Indian bullion market. There was a decline in the prices of both gold and silver. The price of gold fell by Rs 750 per 10 grams and the price of silver also fell by Rs 1,000 per kg. International factors are being considered responsible for this fall in the prices of precious metals.
Gold and silver prices decreased in Delhi
Amid weak trend in the international market, the price of gold in Delhi’s bullion market on Friday fell by Rs 750 to Rs 75,650 per 10 grams. Whereas in the previous session gold closed at Rs 76,400. The price of 99.5 percent pure gold in Delhi also fell by Rs 800 to Rs 75,300 per 10 grams. On Thursday it was at Rs 76,100 per 10 grams. At the same time, the price of silver also fell by Rs 1,000 to Rs 93,000 per kg. Whereas in the previous session it was at Rs 94,000.
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How was the trend in the international market?
Talking about the international market, the price of one ounce spot gold in Comex was trading at $ 2,414.60 with a decline, which is $ 41.80 less than the previous trading closing price. At the same time, the price of silver in New York was also trading softly at $ 29.32 per ounce.