Bullion metals prices (gold and silver) fell down in Delhi, yesterday (Wednesday, 13th November) after heavy selling by stockists looking after the global trend in this weak. Gold fell down by Rs 315 with Rs 31,500 per ten gram while solver lost Rs 852 to Rs 48,000 per KG. Traders said that selling of bullion metals in
large volume by stockists this weak caused the prices to fall down.
London and New York are the two major benchmarks to set the gold prices
globally. Gold in New York plunged by 1.22 % per ounce which comes to
USD 15.70 and silver faced a down by 3.04 percent which is USD 20.70 per
ounce.
In India, gold of 99.8 percent purity tumbled by Rs 315 and same amount of downfall is seen for the gold of 99.5 percent purity. Silver ready dropped by Rs 850 to Rs 48,000 per kg and weekly-based delivery by Rs 740 to Rs 47,310 per kg. The white metal had shed Rs 160 in last trade.
Bullion metals trade facing a downfall in world market and it can be a right time for those are willing to buy gold for different purposes.
In India, gold of 99.8 percent purity tumbled by Rs 315 and same amount of downfall is seen for the gold of 99.5 percent purity. Silver ready dropped by Rs 850 to Rs 48,000 per kg and weekly-based delivery by Rs 740 to Rs 47,310 per kg. The white metal had shed Rs 160 in last trade.
Bullion metals trade facing a downfall in world market and it can be a right time for those are willing to buy gold for different purposes.
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