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gold rate today: Gold declines by Rs 152; silver tumbles to Rs 62,131

by Gias
August 18, 2021
Reading Time: 1 min read
0
gold rate today: Gold declines by Rs 152; silver tumbles to Rs 62,131

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New Delhi: Gold within the nationwide capital on Wednesday declined Rs 152 to Rs 46,328 per 10 gram amid muted international traits and rupee appreciation, in keeping with HDFC Securities.

Within the earlier commerce, the valuable steel had closed at Rs 46,480 per 10 gram.

Silver additionally dipped Rs 286 to Rs 62,131 per kilogram from Rs 62,417 per kilogram within the earlier commerce.

The rupee appreciated 6 paise to 74.29 towards the US greenback in early commerce on Wednesday.

Within the worldwide market, gold was buying and selling marginally increased at USD 1,787 per ounce and silver was flat at USD 23.74 per ounce.

“Gold costs fluctuated in an higher buying and selling vary on blended international cues,” in keeping with HDFC Securities, Senior Analyst (Commodities), Tapan Patel. Navneet Damani, VP – Commodities Analysis, Motilal Oswal Monetary Companies mentioned, “Gold traded regular hovering over the one week excessive, as the valuable steel was caught between blended US financial knowledge, a firmer greenback and safe-haven demand pushed by the

coronavirus variant fears.”

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