Gold falls ₹ 191; silver dives $ 690

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Gold fell from Rs 191 to Rs 46,283 per 10 grams within the nationwide capital on Friday in step with falling world costs for valuable metals, in response to HDFC Securities.

In earlier commerce, the dear steel had closed at ₹ 46,474 per 10 grams.

Silver additionally fell from ₹ 1,062 to ₹ 67,795 per kilogram from ₹ 68,857 per kilogram within the earlier commerce.

In the worldwide market, gold was buying and selling down at $ 1,769 an oz. and silver was secure at $ 25.92 an oz..

“Gold prices trimmed early gains from the US economic recovery with better-than-expected GDP figures. Rising US bond yields also pressured gold prices to trade weakly,” in response to HDFC Securities analyst senior (uncooked supplies) from Tapan Patel.

Navneet Damani, Vice President of Commodity Research at Motilal Oswal Financial Services, “Gold prices traded lower due to positive US economic data and higher US Treasury yields. They reduced the appeal of metal. ”

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