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Gold falls to Rs. 29,330 on weak global cues, muted demand

Gold falls to Rs. 29,330 on weak global cues, muted demand

Saturday, March 25, 2017, 3:21 PM

Gold prices softened by Rs.20 to Rs.29,330 per ten grams at the bullion market today. Silver, however, advanced by Rs. 425 to Rs. 41,800 per kg on increased offtake by industrial units and coin makers. Bullion traders said besides a weak trend overseas, easing demand from local jewellers at the domestic spot market at prevailing levels mainly led to the decline in gold prices.
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