Gold falls Rs 478; silver tumbles Rs 1,265 

In the international market, gold was quoted lower at USD 1,689 per ounce while silver was flat at USD 18.42 per ounce.

Published: 21st July 2022 06:16 PM  |   Last Updated: 21st July 2022 06:16 PM   |  A+A-

For representational purposes

For representational purposes

By PTI

NEW DELHI: Gold in the national capital on Thursday fell by Rs 478 to Rs 49,830 per 10 grams amid a fall in global gold prices, according to HDFC Securities.

In the previous trade, the precious metal settled at Rs 50,308 per 10 grams.

Silver also tumbled by Rs 1,265 to Rs 54,351 per kg from Rs 55,616 per kg in the previous trade.

In the international market, gold was quoted lower at USD 1,689 per ounce while silver was flat at USD 18.42 per ounce.

"Gold prices witnessed selling in the previous session on strong dollar and rally in equity indices," said Tapan Patel, Senior Analyst (Commodities) at HDFC Securities.



Comments

Disclaimer : We respect your thoughts and views! But we need to be judicious while moderating your comments. All the comments will be moderated by the newindianexpress.com editorial. Abstain from posting comments that are obscene, defamatory or inflammatory, and do not indulge in personal attacks. Try to avoid outside hyperlinks inside the comment. Help us delete comments that do not follow these guidelines.

The views expressed in comments published on newindianexpress.com are those of the comment writers alone. They do not represent the views or opinions of newindianexpress.com or its staff, nor do they represent the views or opinions of The New Indian Express Group, or any entity of, or affiliated with, The New Indian Express Group. newindianexpress.com reserves the right to take any or all comments down at any time.

flipboard facebook twitter whatsapp