Silver spurts by Rs 1,110 per kg to reclaim 41k-mark

Source: The Hitavada      Date: 13 Jun 2018 11:44:00



CONTINUING its fall for the second straight day, gold prices drifted down by another Rs 150 to Rs 31,800 per 10 grams at the bullion market on Tuesday largely in tandem with a subdued trend overseas amid muted demand from local jewellers. However, silver reclaimed the Rs 41,000-mark by spurting Rs 1,110 to Rs 41,560 due to increased offtake by industrial units and coin makers.

In the National Capital, gold of 99.9 per cent and 99.5 per cent purity fell further by Rs 150 each to Rs 31,800 and Rs 31,650 per 10 grams, respectively. The precious metal had lost Rs 100 yesterday. Sovereign gold was unaltered at Rs 24,800 per piece of eight grams.