Gold slips �137; silver too declines �517  09/16/2020 11:13:32 

Gold prices fell 137 to 53,030 per 10 gram in the national capital on Wednesday amid rupee appreciation, according to HDFC Securities.

The precious metal had on Tuesday closed at 53,167 per 10 gram.

Spot gold prices for 24 karat in Delhi were down by 137 on rupee appreciation, HDFC Securities Senior Analyst (Commodities) Tapan Patel said.

The rupee strengthened by 12 paise and settled at 73.52 (provisional) against the US dollar on Wednesday supported by positive domestic equities and weak American currency.

Silver also declined 517 to 70,553 per kg, from the previous close of 71,070 per kg.

In the international market, gold was trading with gains at USD 1,967.7 per ounce and silver was flat at USD 27.40 per ounce.

Gold prices (globally) fluctuated in the upper range ahead of key Federal Open Market Committee meeting, he added.

*Our Digital Subscription plans do not currently include the e-paper ,crossword, iPhone, iPad mobile applications and print. Our plans enhance your reading experience.

Dear reader,

We have been keeping you up-to-date with information on the developments in India and the world that have a bearing on our health and wellbeing, our lives and livelihoods, during these difficult times. To enable wide dissemination of news that is in public interest, we have increased the number of articles that can be read free, and extended free trial periods. However, we have a request for those who can afford to subscribe: please do. As we fight disinformation and misinformation, and keep apace with the happenings, we need to commit greater resources to news gathering operations. We promise to deliver quality journalism that stays away from vested interest and political propaganda.

Support Quality Journalism

Dear subscriber,

Thank you!

Your support for our journalism is invaluable. Its a support for truth and fairness in journalism. It has helped us keep apace with events and happenings.

The Hindu has always stood for journalism that is in the public interest. At this difficult time, it becomes even more important that we have access to information that has a bearing on our health and well-being, our lives, and livelihoods. As a subscriber, you are not only a beneficiary of our work but also its enabler.

We also reiterate here the promise that our team of reporters, copy editors, fact-checkers, designers, and photographers will deliver quality journalism that stays away from vested interest and political propaganda.

Suresh Nambath

« Go back