New Delhi: Tracking a weak overseas trend, gold prices plunged by Rs 265 to trade at over two-week low of Rs 25,375 per 10 grams at the bullion market today.
- Globally, gold fell by 2 percent to USD 1,050.60 an ounce, its biggest decline since March 6 and silver by 3.42 percent to USD 13.69 an ounce in New York in yesterday's trade.
- In the national capital, gold of 99.9 and 99.5 percent purity slumped by Rs 265 each to Rs 25,375 and Rs 25,225 per 10 grams respectively, a level last seen on December 3. It had gained Rs 40 yesterday.
- Sovereign declined by Rs 100 to Rs 22,100 per piece of eight grams.
- Following gold, silver ready plummeted by Rs 600 to Rs 33,250 per kg and weekly-based delivery slumped by Rs 720 to Rs 33,280 per kg.
- On the other hand, silver coins were unaltered at Rs 47,000 for buying and Rs 48,000 for selling of 100 pieces.
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