NEW DELHI, Mar 18: Gold worth marginally fell Rs 10 to Rs 66,140 per 10 grams within the nationwide capital on Monday, in keeping with HDFC Securities.
The valuable metallic had closed at Rs 66,150 per 10 grams within the earlier commerce.
Silver additionally declined Rs 100 to Rs 77,000 per kg.
“Spot gold costs (24 carats) within the Delhi markets buying and selling at Rs 66,140 per 10 grams, down Rs 10 from the earlier shut,” Dilip Parmar, Analysis Analyst at HDFC Securities, mentioned.
Within the worldwide markets, spot gold at Comex was buying and selling at USD 2,156 per ounce, unchanged from its earlier shut.
Silver was additionally quoting decrease at USD 25.11 per ounce. Within the earlier commerce, it had settled at USD 25.19 per ounce.
“Gold costs are down on continued profit-booking/lengthy liquidation as merchants place themselves forward of the 2 key central financial institution’s coverage outcomes, beginning with the Financial institution of Japan on Tuesday and the US Federal Reserve on Wednesday.
“The previous is predicted to finish its adverse price coverage, whereas the latter is predicted to maintain charges unchanged however their ahead steering will likely be carefully watched for additional clues on the long run path of the financial coverage outlook,” Pranav Mer, VP of Analysis (Commodity & Forex) at BlinkX and JM Monetary, mentioned. (AGENCIES)
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