New Delhi: Taking weak cues from the global market and slack demand from jewellers, gold extended its slide for the second straight day as prices plunged Rs 100 to Rs 25,650 per 10 grams. Silver slipped below the Rs 34,000 mark by falling Rs 225 to Rs 33,800 per kg on reduced offtake by industrial units and coin makers.
- Globally, gold retreated as much as one percent to USD 1,067.58 an ounce in Singapore today.
- Silver slumped 1.5 percent to USD 13.97 an ounce in Singapore today, the lowest since august 2009.
- In the national capital, gold of 99.9 percent and 99.5 percent purity slumped Rs 100 each to Rs 25,650 and Rs 25,500 per 10 grams, respectively.
- The precious metal had lost Rs 150 on Saturday.
- Sovereign remained flat at Rs 22,200 per piece of eight grams in scattered deals.
- Silver ready cracked below the Rs 34,000 mark by declining Rs 225 to Rs 33,800 per kg and weekly-based delivery by Rs 290 to Rs 33,300 per kg.
- Silver coins remained unchanged at Rs 48,000 for buying and Rs 49,000 for selling of 100 pieces.
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