The market price of gold fell, on 3-month low
Jewelers offtake and put in the global market due to softening Delhi bullion market, gold broke a three-month low of Rs 330 per 10 grams on 26 170 arrived.
Reduced offtake by industrial units and coin makers from being broken and 34 450 per kg of silver prices also fell to Rs 1,550. Bullion traders said the sharp decline in Asian stock markets, led by China and the dollar continues to strengthen the Greek crisis in the global markets, gold fell to March. This reduced demand for gold as an alternative investment.
In Singapore, gold fell 0.7 percent, breaking the 1147.39 dollars per ounce, which is the lowest level since March 18. While silver fell 1.7 percent, breaking the 14.81 dollar an ounce. Tnc Tnc 99.9 and 99.5 per cent purity in the capital price of gold dropped by Rs 330 each, respectively 26 170 and Rs 26 020 per 10 grams longer. Before the gold price was observed on 17 March. Yesterday, gold lost Rs 70 was recorded.
Sovereigns also broke Rs 300 to Rs 23,000 nos (eight grams) left. Silver ready dropped by Rs 1,550 to Rs 34 450 per kg while weekly-based delivery by Rs 1,840 per 34 160 per kg price of silver remained. Silver coins also 1,000 Rpye broken. Silver coins for buying and Rs 53,000 for selling price is Rs 54,000 per cent.
