Gold fell by Rs 65 per ten grams to Rs 11,190 on the bullion market in Mumbai on Jan 21 on heavy offerings by stockists in view of weak overseas advices. Silver prices also dropped on lack of industrial demand. Globally, Hong Kong gold moved down to $874.10/874.80 per ounce as against the previous closing level of $874.70/875.40. In London also, it was quoted lower in the morning at $874.25 as against $882.00 per ounce previously. In the local market, standard gold (99.5 purity) fell to Rs 11,190 per ten grams from the previous level of Rs 11,255. Pure gold (99.9 purity) also declined to Rs 11,240 per ten grams from Rs 11,305 previously. Silver ready (.999 fineness) too slipped by Rs 215 per kilo to Rs 20,470 from 20,685 previously.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment