Gold down Rs 245 on global cues, subdued demand from jewellers

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NEW DELHI, OCT 30: Gold prices plunged Rs 245 to trade at over two-week low of Rs 26,830 per 10 grams at the bullion market today amid weak trend overseas and subdued demand from jewellers.
In the national capital, gold of 99.9 per cent and 99.5 per cent purity slipped Rs 245 each to Rs 26,830 and Rs 26,680 per 10 grams, respectively, a level last seen on October 13.
Sovereign, however, remained flat at Rs 22,400 per piece of eight grams in limited deals.
Silver ready dropped by Rs 735 to Rs 36,630 per kg and weekly-based delivery by Rs 690 to Rs 36,550 per kg.
Silver coins also dropped Rs 1,000 to Rs 51,000 for buying and Rs 52,000 for selling of 100 pieces.

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