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Gold tumbles to 3-month low of Rs 25,950 per 10 gram

Updated: Nov 13, 2015 04:43:02pm
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New Delhi, Nov 13 (KNN) Even the Diwali sales failed to keep the gold demand up in the domestic markets, which lead to the gold prices slipping below the Rs 26,000 mark by plunging Rs 300 on Friday to 3-month low of Rs 25,950 per 10 gram.
 
Silver prices also slumped by Rs 500 to Rs 34,400 per kg on reduced offtake by industrial users and coin makers.
 
The precious metal had gained Rs 140 in the previous three sessions. In line with overall trend, silver ready dropped by Rs 500 to Rs 34,400 per kg and weekly-based delivery by Rs 345 to Rs 33,925 per kg. Silver coins also plummeted by Rs 1,000 to Rs 47,000 for buying and Rs 48,000 for selling of 100 pieces. (KNN Bureau)

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