Gold Silver Buyers, HoneyMoon Over?

Spot gold was at $1,236.85 per ounce at 0121 GMT. In the previous session, prices touched a peak of $1,241.86, their highest since Oct. 26.

US gold futures were down 0.4 per cent at $1,241.4 per ounce.

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Gold Prices Fall Further Today

Gold Silver Reports (GSR) However, higher global prices capped the fall in domestic gold prices. On the other hand, silver rates today recovered by Rs 60 to Rs 37,160 per kg. Prices of gold of 99.9% and 99.5% purity fell further by Rs 20 each to Rs 31,540 and Rs 31,390 per 10 gram, respectively.

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Gold Prices Slip Sharply Today, Silver Rates Slump

Spot Gold Price today

Sovereign gold prices fell Rs 100 to Rs 24,700 per piece of eight gram. Silver ready fell by Rs 200 to Rs 37,100 per kg while weekly-based delivery lost Rs 253 at Rs 35,782 per kg while silver coins, too, plunged by Rs 1,000 to Rs 72,000 for buying and Rs 73,000 for selling of 100 pieces.

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