New Delhi, April 22: the prices of yellow metal downed by Rs 100 to Rs 29,800 per ten grams at the bullion market today owing to slackened demand from jewellers and customers at prevailing levels amid a weak global cues.
Silver also fell by Rs 550 to Rs 40,350 per kg apparently due to reduced offtake by industrial users.
Globally, gold eased by 0.17 per cent to USD 1,245.90 an ounce in Singapore.
In New Delhi, gold of 99.9 and 99.5 per cent purity fell by Rs 100 each to Rs 29,800 and Rs 29,650 per ten grams respectively. It had climbed Rs 400 in Thursday’s business.
Sovereign, however, held steady at Rs 23,200 per piece of eight grams in limited deals.
Similarly, silver ready dropped by Rs 550 to Rs 40,350 per kg and weekly-based delivery broke below the Rs 41,000-mark by plunging Rs 1,115 to trade at Rs 40,115 per kg while silver coins traded at previous level of Rs 64,000 for buying and Rs 65,000 for selling of 100 pieces.
