Gold snaps three-day rally, price falls by Rs 130 to Rs 30,360

Gold rateIn Delhi, gold of 99.9 and 99.5 per cent declined by Rs 130 to Rs 30,360 and Rs 30,160 per ten grams respectively.

Snapping its three-day rally, gold prices fell by Rs 130 to Rs 30,360 per ten grams in the national capital today on stockists selling against fall in demand at prevailing higher levels.

Silver also fell by Rs 180 to Rs 45,320 per kg on reduced offtake.

Traders said stockists selling against fall in demand at prevailing higher levels mainly led to decline in gold and silver prices after three-day gains.

In the national capital, gold of 99.9 and 99.5 per cent declined by Rs 130 to Rs 30,360 and Rs 30,160 per ten grams, respectively. It had gained 690 in last three sessions. Sovereign continued to be asked last level of Rs 25,100 per piece of eight gram.

Similarly, silver ready declined by Rs 180 to Rs 45,320 per kg and weekly-based delivery by Rs 10 to Rs 45,470 per kg. The white metal had gained Rs 1,745 in last three sessions.

Silver coins, however, remained steady at Rs 85,000 for buying and Rs 86,000 for selling of 100 pieces.

Please read our terms of use before posting comments
TERMS OF USE: The views expressed in comments published on indianexpress.com are those of the comment writer's alone. They do not represent the views or opinions of The Indian Express Group or its staff. Comments are automatically posted live; however, indianexpress.com reserves the right to take it down at any time. We also reserve the right not to publish comments that are abusive, obscene, inflammatory, derogatory or defamatory.