Gold declines Rs 294 silver gains marginally
New Delhi Sept 23 PTI Gold in the national capital on Thursday declined Rs 294 to Rs 45401 per 10 gram reflecting overnight fall in international precious metal prices and rupee appreciation according to HDFC Securities In the previous trade the precious metal had settled at Rs 45695 per 10 gram In contrast silver gained marginally by Rs 26 to Rs 59609 per kilogram from Rs 59583 per kilogram in the previous trade Spot gold prices for 24 carats in Delhi were down by Rs 294 reflecting overnight fall in COMEX gold prices and rupee appreciation according to HDFC Securities Senior Analyst Commodities Tapan Patel The Indian rupee appreciated 10 paise to 7377 against the US dollar in opening trade on Thursday In the international market both gold and silver were flat at USD 1768 per ounce and USD 2278 per ounce respectively Gold prices traded steady with spot gold prices at COMEX trading at 1768 per ounce on Thursday Patel added Navneet Damani VP Commodities Research Motilal Oswal Financial Services Gold prices inched lower after an initial appreciation amidst the Feds slightly hawkish statements The US Federal Reserve said it will likely begin reducing its monthly bond purchases as soon as November and signalled interest rate increases may follow more quickly than expected PTI SUM SHW SHW
New Delhi Sept 23 PTI Gold in the national capital on Thursday declined Rs 294 to Rs 45401 per 10 gram reflecting overnight fall in international precious metal prices and rupee appreciation according to HDFC Securities In the previous trade the precious metal had settled at Rs 45695 per 10 gram In contrast silver gained marginally by Rs 26 to Rs 59609 per kilogram from Rs 59583 per kilogram in the previous trade Spot gold prices for 24 carats in Delhi were down by Rs 294 reflecting overnight fall in COMEX gold prices and rupee appreciation according to HDFC Securities Senior Analyst Commodities Tapan Patel The Indian rupee appreciated 10 paise to 7377 against the US dollar in opening trade on Thursday In the international market both gold and silver were flat at USD 1768 per ounce and USD 2278 per ounce respectively Gold prices traded steady with spot gold prices at COMEX trading at 1768 per ounce on Thursday Patel added Navneet Damani VP Commodities Research Motilal Oswal Financial Services Gold prices inched lower after an initial appreciation amidst the Feds slightly hawkish statements The US Federal Reserve said it will likely begin reducing its monthly bond purchases as soon as November and signalled interest rate increases may follow more quickly than expected PTI SUM SHW SHW
