Gold plunges Rs 915 silver tumbles Rs 2221
New Delhi Apr 20 PTI Gold in the national capital on Wednesday plunged by Rs 915 to Rs 52367 per 10 grams amid a decline in international precious metal prices and rupee appreciation according to HDFC Securities The precious metal had finished at Rs 53282 per 10 grams in the previous trade Silver also tumbled Rs 2221 to Rs 67969 per kg from Rs 70190 per kg in the previous trade Meanwhile the rupee appreciated 29 paise to settle at 7621 provisional against the US dollar on Wednesday tracking positive domestic equities and some moderation in crude oil prices In the international market gold was trading lower at USD 19425 per ounce and silver was marginally lower at USD 2494 per ounce Gold prices traded lower with spot gold prices at COMEX trading 038 per cent down at USD 1942 per ounce on Wednesday Gold prices declined to one-week low on Wednesday as a rally in the US bond yields dampened demand for yellow metals as safe-haven said Dilip Parmar Retail Research Analyst HDFC Securities Navneet Damani Senior VP Commodities Research Motilal Oswal Financial Services said Gold prices continue to trade lower after touching USD 2000 level at the start of the week as elevated US treasury yields and hawkish statements from Fed officials continued to pull investors away from zero-yield bullion PTI SUM SUM RUJ RUJ
New Delhi Apr 20 PTI Gold in the national capital on Wednesday plunged by Rs 915 to Rs 52367 per 10 grams amid a decline in international precious metal prices and rupee appreciation according to HDFC Securities The precious metal had finished at Rs 53282 per 10 grams in the previous trade Silver also tumbled Rs 2221 to Rs 67969 per kg from Rs 70190 per kg in the previous trade Meanwhile the rupee appreciated 29 paise to settle at 7621 provisional against the US dollar on Wednesday tracking positive domestic equities and some moderation in crude oil prices In the international market gold was trading lower at USD 19425 per ounce and silver was marginally lower at USD 2494 per ounce Gold prices traded lower with spot gold prices at COMEX trading 038 per cent down at USD 1942 per ounce on Wednesday Gold prices declined to one-week low on Wednesday as a rally in the US bond yields dampened demand for yellow metals as safe-haven said Dilip Parmar Retail Research Analyst HDFC Securities Navneet Damani Senior VP Commodities Research Motilal Oswal Financial Services said Gold prices continue to trade lower after touching USD 2000 level at the start of the week as elevated US treasury yields and hawkish statements from Fed officials continued to pull investors away from zero-yield bullion PTI SUM SUM RUJ RUJ
