Gold prices fall by Rs 764 per 10 gm; silver by Rs 1,500 per kg

The precious metal had closed at Rs 53,111 per 10 grams in the previous trade

Gold
Photo: Bloomberg
Press Trust of India New Delhi
1 min read Last Updated : Aug 16 2022 | 11:50 PM IST

Gold prices declined by Rs 764 to Rs 52,347 per 10 grams in the national capital on Tuesday following weak global cues, according to HDFC Securities.

The precious metal had closed at Rs 53,111 per 10 grams in the previous trade.

Silver also tumbled by Rs 1,592 to Rs 58,277 per kg from Rs 59,869 per kg in the previous trade.

"Gold prices at MCX witnessed lower openings reflecting overnight fall in COMEX prices," said Tapan Patel, Senior Analyst (Commodities) at HDFC Securities.

In the international market, gold was lower at USD 1,775 per ounce while silver was flat at USD 20.13 per ounce.

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

Subscribe to Business Standard digital and get complimentary access to The New York Times

Quarterly Starter

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

Save 46%

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Access to Exclusive Premium Stories Online

  • Over 30 behind the paywall stories daily, handpicked by our editors for subscribers

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

Topics :Precious metalsGold PricesSilver Prices

First Published: Aug 16 2022 | 11:50 PM IST

Next Story