New Delhi: Gold prices declined by 130 to close at 32,100 per 10 gram on Saturday due to low demand from local jewellers and a subdued trend overseas. Silver also fell by 200 to 37,800 per kg on weak demand from industrial units and coin makers. Traders said low demand from local jewellers coupled with weak global cues weighed on the yellow metal.

Globally, gold traded lower by 0.33% at $1,256.20 an ounce and silver slipped 1.02% to $14.69 an ounce in New York.

In the national capital, gold of 99.9 per cent and 99.5 per cent purity fell by 130 each to 32,100 and 31,950 per 10 gram, respectively. However, sovereign gold remained unchanged at 25,000 per piece of 8 grams.

Silver ready, too, dropped by 200 to 37,800 per kg, while weekly-based delivery was down by 238 to 37,494 per kg. Silver coins, however, held steady at 74,000 for buying and 75,000 for selling of 100 pieces.

This story has been published from a wire agency feed without modifications to the text. Only the headline has been changed.

Close