Gold prices today dipped below Rs 25, 000
Updated: Aug 06, 2015 05:20:17pm
New Delhi, August 6 (KNN) Gold prices today fell below Rs 25,000 by losing Rs 40 to trade at over four-year lows of Rs 24,980 per 10 grams at the domestic bullion market.
The yellow metal was trading at five-year lows in the global market as well.
On the other hand, silver managed to recover some grounds on the back of scattered demand from consuming industries and rose by Rs 100 to Rs 33,800 per kg.
Globally, gold in Singapore, which normally determines price trend on the domestic front, was trading lower at USD 1,085.08 an ounce, near the lowest level in five years.
In the national capital, gold of 99.9 and 99.5 per cent purity fell by Rs 40 each to Rs 24,980 and Rs 24,830 per 10 grams respectively, its weakest level since August 6, 2011. (KNN Bureau)
The yellow metal was trading at five-year lows in the global market as well.
On the other hand, silver managed to recover some grounds on the back of scattered demand from consuming industries and rose by Rs 100 to Rs 33,800 per kg.
Globally, gold in Singapore, which normally determines price trend on the domestic front, was trading lower at USD 1,085.08 an ounce, near the lowest level in five years.
In the national capital, gold of 99.9 and 99.5 per cent purity fell by Rs 40 each to Rs 24,980 and Rs 24,830 per 10 grams respectively, its weakest level since August 6, 2011. (KNN Bureau)
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