LIVE TV
ZEE Business
ZEE BUSINESS
हिंदी में पढ़ें  हिंदी में पढ़ें
Live TV
Live TV
  • Home
  • Budget 2021
  • Personal Finance
    • PPF
    • Mutual Funds
    • Income tax
    • EPFO
    • Income Tax Calculator
    • Personal Loan Calculator
    • Car Loan Calculator
    • Home Loan Calculator
    • SIP calculator
    • SWP Calculator
    • MF Returns Calculator
    • Lumpsum Calculator
  • India
    • Companies
    • Property
    • Startups
    • Uidai
  • Economy
    • Aviation
  • Tech
    • Mobiles
    • Apps
  • Auto
    • Cars
    • Bikes
  • Markets
    • Commodities
    • Currency
  • Jobs
  • Indian Railways
  • World
    • Economy
    • Politics
    • Markets
  • videos
  • photos
  • Authors
  • More ...
    • VIDEOS
    • PHOTOS

Read in App
Business News » India News

Festive cheer fails to make gold sparkle; tumbles by Rs 100 on global cues

  • Twitter
  • Facebook
  • Linkedin
  • whatapp
  • View in App
Festive cheer fails to make gold sparkle; tumbles by Rs 100 on global cues
Globally, gold fell 0.75 % to USD 1,280 an ounce and silver by 1.34 % to $17.00 an ounce in New York in yesterday's trade. Image Source: IANS
Written By: PTI
Updated: Sat, Oct 21, 2017
02:36 pm
PTI
RELATED NEWS
Gold, Rupee and Equity Markets Outlook II Details explained by ICICI Securities Gold, Rupee and Equity Markets Outlook II Details explained by ICICI Securities
Gold Price Today 21 January 2021 – Gold gains by Rs 200 in morning trade, Silver price stronger by Rs 740; Expert recommends BUY! Gold Price Today 21 January 2021 – Gold gains by Rs 200 in morning trade, Silver price stronger by Rs 740; Expert recommends BUY!
Gold, Rupee and Equity Markets Outlook II Explained by ICICI Securities Gold, Rupee and Equity Markets Outlook II Explained by ICICI Securities
Gold, Rupee and Equity Markets Outlook Today: EXPLAINED Gold, Rupee and Equity Markets Outlook Today: EXPLAINED
Buy gold online for just Re 1 onwards; more details inside Buy gold online for just Re 1 onwards; more details inside

Gold fell by Rs 100 to Rs 30,650 per ten gram at the bullion market today amid a weakening global trend and muted demand from local jewellers.

However, silver recovered by Rs 50 to Rs 40,850 per kg on scattered enquiries from industrial units.

Traders said apart from a weak trend overseas, hurt by a stronger dollar, easing demand from local jewellers and retailers at domestic spot market mainly weighed on the gold prices.

Globally, gold fell 0.75 % to USD 1,280 an ounce and silver by 1.34 % to $17.00 an ounce in New York in yesterday's trade.

In the national capital, gold of 99.9 % and 99.5 % purity went down by Rs 100 each to Rs 30,650 and Rs 30,500 per ten gram, respectively. The metal had lost Rs 250 in special 'Diwali' trading session on Thursday.

Market remained closed yesterday on account of Vishwakarma Puja.

Sovereign however held steady at Rs 24,700 per piece of eight gram.

On the other hand, silver ready recovered by Rs 50 to Rs 40,850 per kg, while weekly-based delivery shed Rs 25 to Rs 39,875 per kg on lack of buying support from speculators.

Silver coins however remained unaltered at Rs 74,000 for buying and Rs 75,000 for selling of 100 pieces.

 

(This article has not been edited by Zeebiz editorial team and is auto-generated from an agency feed.)

Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.

TAGS:
goldGold bulliongold pricesfestive salesglobal cuesGlobal Gold demandEconomy
RELATED NEWS
Gold, Rupee and Equity Markets Outlook II Details explained by ICICI Securities Gold, Rupee and Equity Markets Outlook II Details explained by ICICI Securities
Gold Price Today 21 January 2021 – Gold gains by Rs 200 in morning trade, Silver price stronger by Rs 740; Expert recommends BUY! Gold Price Today 21 January 2021 – Gold gains by Rs 200 in morning trade, Silver price stronger by Rs 740; Expert recommends BUY!
Gold, Rupee and Equity Markets Outlook II Explained by ICICI Securities Gold, Rupee and Equity Markets Outlook II Explained by ICICI Securities
Gold, Rupee and Equity Markets Outlook Today: EXPLAINED Gold, Rupee and Equity Markets Outlook Today: EXPLAINED
Buy gold online for just Re 1 onwards; more details inside Buy gold online for just Re 1 onwards; more details inside

LATEST NEWS

Warning for bank account holders! Do this fast or you may be badly affected - check IDBI Bank notification

Telcos want govt to clarify onus of security breach post NSD rollout, ensure price competitiveness

Traffic violations fine: NEVER EVER drive on wrong side of the road in this city, you may lose your driving licence permanently

Subhas Chandra Bose 125th birth anniversary: PM Modi to visit Kolkata to address 'Parakram Diwas' celebrations; will also disburse plot certificates in Assam

Papua New Guinea hit by 5.7 magnitude earthquake

Climate change chalenges! Boeing to deliver commercial planes on sustainable fuels by 2030

With 160,700 units, Maruti Suzuki Swift emerges as best-selling car in 2020

In exclusive chat with Anil Singhvi, Borosil MD and CEO Shreevar Kheruka talks about business outlook, Budget 2021 expectations, expansion plans and much more

LG can boost its corporate value by restructuring mobile biz

Tata Motors launches i-Turbo petrol variant of premium hatchback Altroz

  • India News
  • World News
  • Companies News
  • Market News
  • Personal Finance News
  • Technology News
  • Automobile News
  • Small Business News
  • Income Tax Calculator
  • Live TV
  • Videos
  • Photos
  • Author
  • Rss Feed
  • Advertise with us
  • Privacy Policy
  • Legal Disclaimer

Latest Trending Updates

  • EPFO
  • Budget 2020
  • Income Tax Return
  • Auto Expo 2020
  • Home Loan
  • Business News

Trending Topics

  • Income Tax
  • income Tax Calculator
  • 7th Pay Commission
  • Reserve Bank of India
  • GST
  • Latest Business News

Follow us on

zeebiz
zeebiz

Partner Sites

  • Zee News
  • Hindi News
  • Marathi News
  • Bengali News
  • Tamil News
  • Malayalam News
  • Gujarati News
  • Telugu News
  • Kannada News
  • DNA
  • WION
Copyright © Zee Media Corporation Ltd. All rights reserved