According to the All India Sarafa Association, prices of gold fell by ₹55 to ₹34,225 per ten gram on Monday.
Merchants ascribed the decrease in gold costs to a feeble pattern abroad and facilitating a request from jewellers at the domestic markets.
In New Delhi, gold of 99.9% and 99.5% purity moved somewhere near ₹55 each to ₹34,225 and ₹34,075 per ten gram, respectively.
According to the All India Sarafa Association, prices of gold fell by ₹55 to ₹34,225 per ten gram on Monday. Following this, Silver also weakened by ₹150 to ₹41,100 per kg owing to reduced offtake by industrial units and coin makers. Merchants ascribed the decrease in gold costs to a feeble pattern abroad and facilitating a request from jewellers at the domestic markets.
In New York, gold fell 0.24% to $1,312 an ounce and silver by 0.51% to $15.82 an ounce.
In New Delhi, gold of 99.9% and 99.5% purity moved somewhere near ₹55 each to ₹34,225 and ₹34,075 per ten gram, respectively.
Sovereign gold, however, remained flat at ₹26,100 per piece of eight gram. Pair with gold, silver prepared declined by ₹150 to ₹41,100 per kg and weekly-based delivery by ₹118 to ₹39,987 per kg.