GOLD/SILVER NEWS OF 2.02.2015

Silver coins also dropped by Rs 1,000 to Rs 63,000 for buying and Rs 64,000 for sellining of 100 pieces.

The slide in gold continued for the second straight day, with prices tumbling by Rs 200 to Rs 28,100 per ten gram at the bullion market today largely in tandem with a weakening trend overseas amid low demand from jewellers. Gold in New York, which normally set price trend on the domestic front, fell by 1.96 percent to USD 1,258.10 an ounce and silver by 5.82 percent to USD 16.92 an ounce in yesterday’s trade. In the national capital, gold of 99.9 and 99.5 percent purity traded lower by Rs 200 each at Rs 28,100 and Rs 27,900 per ten gram respectively.
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Last Updated
February 2, 2015
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