Gold prices fell by Rs 125 per ten grams to end at Rs 13,485 on the bullion market in Mumbai on Thursday following a fresh bout of selling from stockists on the back of a weak overseas trend. In the domestic market, the standard gold (99.5 purity) slipped by Rs 125 per ten grams to Rs 13,485 from previous close of Rs 13,610. In line with this, the Pure gold (99.9 purity) also dropped by Rs 120 per ten grams to Rs 13,550 from its overnight close of Rs 13,670. The Silver ready (.999 fineness) fell by Rs 130 per kilo to Rs 18,820 from Rs 18,950 previously.
In London, spot gold was quoted at $850.40/852.00 an ounce down from $854.05 an ounce late in New York. Silver also moved down to $11.23/11.29 an ounce from $11.31 an ounce.
The world''s largest gold-backed exchange-traded fund, the SPDR Gold Trust, said its holding rose to a record 805.96 tonnes of gold as on January 21, up 3.06 tonnes from 802.90 tonnes on January 20.
In London, spot gold was quoted at $850.40/852.00 an ounce down from $854.05 an ounce late in New York. Silver also moved down to $11.23/11.29 an ounce from $11.31 an ounce.
The world''s largest gold-backed exchange-traded fund, the SPDR Gold Trust, said its holding rose to a record 805.96 tonnes of gold as on January 21, up 3.06 tonnes from 802.90 tonnes on January 20.
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