 "Gold prices falls Rs 813; silver prices tumbles Rs 1,379 in Delhi")
Gold price in the national capital tumbled Rs 813 to Rs 49,447 per 10 grams on Friday, according to HDFC Securities.
The price of the yellow metal fell below Rs 50,000 after it stood at Rs 50,290 per grams on Thursday.
The COMEX spot price of gold also declined to USD 1,655 per ounce compared to USD 1,663 per ounce on Thursday.
Silver price in the national capital declined Rs 1,379 to Rs 55,982 per kilogram. On Thursday, the price was Rs 57,361 per kg.
On Friday, the COMEX spot price of silver was USD 18.84 per ounce as against USD 19.16 per ounce on Thursday.
"Spot gold prices for 24-carat gold at Delhi fell by Rs 813 per 10 gram with plunge in COMEX gold prices despite of rupee depreciation," Tapan Patel, Senior Analyst (Commodities) at HDFC Securities, said.
The rupee declined by 7 paise to close at 79.78 against the US dollar on Friday.
(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors
Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share
Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor
Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements
Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app