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Gold prices down marginally on absence of spot demand, silver falls Rs 91

Rupee opened on a flat note and appreciated by 3 paise to 71.32 against the dollar in early trade on Thursday

Press Trust of India  |  New Delhi 

gold

on Thursday went down marginally by Rs 3 to Rs 38,535 per 10 gram in the national capital on absence of demand, according to HDFC Securities.

In the previous trade, the yellow metal had closed at Rs 38,538 per 10 gram, it said.

prices also declined by Rs 91 to Rs 45,293 per kg from Wednesday's close of Rs 45,384 per kg.

"Spot for 24 karat in Delhi was trading marginally down by Rs 3 in the absence of spot demand. The physical demand remained subdued due to higher in festival season," HDFC Securities Senior Analyst (Commodities) Tapan Patel said.

The opened on a flat note and appreciated by 3 paise to 71.32 against the dollar in early trade on Thursday.

In the global market, gold and were trading with marginal gains at $1,457 per ounce and $17 an ounce, respectively.

"fluctuated on the US-China trade deal optimism and escalated situation in Hong Kong amid public protest," he added.

First Published: Thu, November 28 2019. 15:40 IST
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