Gold falls on reduced demand, global cues

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Press Trust Of India Mumbai
Last Updated : Apr 24 2015 | 12:07 AM IST
Gold prices declined at the bullion market, due to lacklustre buying support from stockists and jewellery traders amid sluggish overseas sentiment.

Elsewhere, silver drifted further and closed below the Rs 37,000 mark on the back of intense speculative unwinding.

Standard gold (99.5 purity) shed by Rs 80 to conclude at Rs 26,695 per 10 grams from Wednesday's closing level of Rs 26,775. Pure gold (99.9 purity) also slipped by a similar margin to end at Rs 26,845 per 10 grams from Rs 26,925 previously. Silver (.999 fineness) slumped by Rs 150 to finish at Rs 36,850 per kg against Rs 37,000 on Wednesday.
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First Published: Apr 23 2015 | 10:32 PM IST

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