Gold and silver prices in India continued their slide today, tracking similar global trend. On MCX, October gold futures prices were down 1% today to ₹38,527 per 10 grams, off over ₹1,000 from all-time highs of ₹39,885 hit earlier this week.
Gold Silver Price Today
Gold Prices Slip, Silver Surges on Increased Offtake
Gold prices today declined by ₹100 to close at ₹34,270 per 10 gram in the bullion market. The fall in prices is attributed mainly due toeasing demand from jewellers despite a positive overseas trend.
Gold Demand in India, Second Biggest Gold Consumer after China
Gold Silver Reports (GSR) – Gold demand in India, the second biggest gold consumer after China, usually picks up towards the end of the year going into the wedding and festival season. Traders expect the recent fall in domestic gold prices to perk up demand.
Gold Prices Recover on Positive Global Cues – Gold Silver Reports
Gold Silver Reports (GSR) – Marketmen said firm global cues where gold inched up as the US dollar slid lower after strong US economic growth data while concerns remain about trade tensions between the US and Europe, attributed the recovery in gold prices, the agency reported.