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Gold value fell ₹80 to ₹55,840 per 10 grams within the nationwide capital on Friday amid weak international traits, in accordance with HDFC Securities.
In the earlier commerce, the yellow steel had closed at ₹55,920 per 10 grams.
Silver additionally tumbled ₹767 to ₹64,517 per kilogramme.
“Spot gold prices in the Delhi markets traded at Rs 55,840 per 10 grams, down Rs 80 per 10 grams,” stated Saumil Gandhi, Senior Analyst – Commodities at HDFC Securities.
In the abroad market, gold and silver have been quoting decrease at $1,820 per ounce and $21.17 per ounce, respectively.
Comex Gold costs traded inside decrease vary in Asian buying and selling hours on Friday, Gandhi stated.
“Gold prices continue to inch lower amid growing uncertainty over US monetary policy, with markets seeking more cues from a reading on the Fed’s preferred inflation gauge later in the day,” Navneet Damani, Senior VP – Commodity Research at Motilal Oswal Financial Services, stated.
