Marketmen said tepid demand from jewellers and retailers following end of wedding season mainly kept pressure on gold prices but a better trend overseas as a drop in the dollar boosted appeal of the metal, capped the losses.

  • Globally, gold rose 0.3 percent to USD 1,074.12 an ounce in Singapore today, while it lost 0.2 percent to USD 1,070.20 an ounce in New York yesterday.
  • In the national capital, gold of 99.9 and 99.5 percent purity declined by Rs 60 to Rs 25,550 and Rs 25,400 per ten grams respectively. It plunged by Rs 140 yesterday.
  • On the other hand, silver ready rose by Rs 200 to Rs 34,300 per kg and weekly-based delivery by a similar margin to Rs 34,380 per kg.
  • Meanwhile, silver coins remained steady at Rs 48,000 for buying and Rs 49,000 for selling of 100 pieces.

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