15
Saturday
December 2018
8:03 AM IST
News Headlines
Trump's son-in-law Jared Kushner possible next chief of staff: US media        Sri Lanka PM Mahinda Rajapaksa to resign, says his son after court setback        Rahul Gandhi After Rafale Verdict: "Will Prove PM Helped Anil Ambani"        Author Amitav Ghosh Honoured With 54th Jnanpith Award        Supreme Court sees no wrongdoing in Rafale deal, rules out probe        India bowled a little bit short, Australia pacers could benefit: Border        ISL: FC Goa thrash NorthEast United 5-1        BWF World Tour Finals: PV Sindhu, Sameer Verma Register Easy Wins To Enter Semifinals        Diving legend says HIV-contracted friend inspired him to Olympic gold        India beat Pakistan to reach final of Emerging Teams Asia Cup        Boosting exports key to make India $5-tn economy by 2025: Kant        Prabhu, US Commerce Secretary to discuss trade issues on Feb 14        Ceasefire for key Yemen port agreed at peace talks: UN        Britain's May sees no 'immediate breakthrough' at EU        Poll results prove Ram Temple or communal polarisation doesn't cut ice with people: Sinha        Ashok Gehlot appeals to Cong workers in Raj to maintain peace        Rahul tweets pic with Kamal Nath, Scindia as race for CM moves to Bhopal        Aussies will fight back, but India has upper hand: Ghavri        World Tour Finals: Tough road ahead for Sindhu; Sameer too eyes knockout berth        Govt should consider 100% FDI in multi-brand retail trade: CII report        
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Business News
Weak demand, global cues soften gold
 
(New Delhi, Feb 21, 2018): Gold tumbled by Rs 250 to Rs 31,450 per ten gram at the bullion market today in tandem with a weakening global trend amid easing demand from local jewellers.

Silver followed suit and slipped by Rs 140 to Rs 39,300 per kg on reduced offtake by industrial units and coin makers.

Traders said gold prices took a hit owing to a weak global trend as the dollar remained firm, while investors awaited the minutes of the US Fed's last policy meeting.

Globally, gold fell 0.21 per cent to USD 1,325.90 an ounce and silver by 0.18 per cent to USD 16.39 an ounce in Singapore today.

Besides, easing demand from local jewellers and retailers at domestic spot market weighed on gold prices.

In the national capital, gold of 99.9 per cent and 99.5 per cent purity plunged by Rs 250 each to Rs 31,450 and Rs 31,300 per ten gram, respectively. It had lost Rs 100 yesterday.

Sovereign however remained unaltered at Rs 24,800 per piece of eight gram in limited deals.

In sync with gold, silver ready eased further by Rs 140 to Rs 39,300 per kg and weekly-based delivery by Rs 105 to Rs 38,190 per kg.

Silver coins however maintained a steady trend at Rs 74,000 for buying and Rs 75,000 for selling of 100 pieces.(PTI)


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INTERNATIONAL NEWS
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 (Washington, Dec 14, 2018):Donald Trump's son-in-law and senior adviser Jared Kushner is on t
Sri Lanka PM Mahinda Rajapaksa to resign, says his son after court setback
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NATIONAL NEWS
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 (New Delhi, Dec 14, 2018):Hours after the Supreme Court's clean chit to the government on the
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