Gold costs in Delhi dipped Rs 123 to Rs 46,505 per 10 grams amid weak worldwide valuable steel costs, in accordance to HDFC Securities.
In the earlier commerce, the valuable steel had closed at Rs 46,628 per 10 gram.
Silver additionally went decrease by Rs 206 to Rs 65,710 per kg, from Rs 65,916 per kg within the earlier commerce.
In the worldwide market, gold was buying and selling decrease at $1,795 per ounce and silver was flat at $25.16 per ounce.
HDFC Securities Senior Analyst (Commodities) Tapan Patel mentioned, “Overall gold prices traded under pressure trading below $1,800, as traders and investors are being cautious ahead of the US FOMC meeting.”
Motilal Oswal Financial Services Vice-President (Commodities Research) Navneet Damani mentioned, “Gold prices were steady, pinned below the key $1,800 level, as investors turned cautious ahead of this week’s US Federal Reserve meeting outcome.”
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