14
Wednesday
November 2018
1:26 AM IST
News Headlines
Preparing for Australia tour by watching videos: Shami        India invites Swedish companies to explore investment opportunities        Govt cancels ED officer Rajeshwar Singh's leave        175 dead, over 10,000 affected by Nigeria cholera outbreak        Lankan parties move SC against Parliament dissolution by Prez Sirisena        Delhi pollution: Task forces conducts meetings on WhatsApp for urgent decisions        PM slams Rahul, Sonia for questioning note ban; need no certificate from those on bail        70 per cent turnout in first phase of Chhattisgarh polls: EC        Union Minister Upendra Kushwaha attacks NDA ally Nitish Kumar amid reports of RLSP MLA joining JD(U)        Mining Baron Janardhana Reddy Remanded in Custody Till November 24 for 'Shielding' Ponzi Scam Accused Father-Son        Death toll hits 25 from wildfires at both ends of California        "Nationalism Betrayal Of Patriotism": Emmanuel Macron, Trump By His Side        3rd T20: Dhawan, Pant take Ind to victory, series win        FC Goa beat Kerala Blasters 3-1 in ISL        One killed, several injured in stabbing attack in Melbourne: Police        Journalists beware: After Bloomberg bots, AI news presenter debuts in China        Harmanpreet Kaur’s record century headlines India’s big win over NZ in opener        Mumbai City end NorthEast United’s unbeaten run        Chelsea beat BATE 1-0 in Europa League        Srikanth enters pre-quarterfinals of China Open        
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Business News
Gold slumps Rs 120 on lacklustre demand, global cues
 
(New Delhi, Nov 30, 2017): Gold prices declined by Rs 120 to Rs 30,400 per 10 grams today, mostly on account of slackened demand from jewellers and weak global cues.

Silver also remained under selling pressure and cracked below the Rs 40,000-mark by falling Rs 675 to Rs 39,325 per kg.

Market analysts said tepid demand from jewellers and retailers at the domestic spot market and a weak trend in the global market pressured by upbeat US growth data for the third quarter, weighed on the precious metal prices.

Globally, gold fell 0.16 per cent to USD 1,281.40 an ounce and silver slipped 0.15 per cent to USD 16.48 an ounce in Singapore.

In the national capital, gold of 99.9 per cent and 99.5 per cent purity drifted down by Rs 120 each to Rs 30,400 and Rs 30,250 per 10 grams, respectively. The precious metal had gained Rs 20 yesterday.

Sovereign, however, remained flat at Rs 24,700 per piece of eight grams.

In a similar fashion, silver ready slumped by Rs 675 to Rs 39,325 per kg and weekly-based delivery declined by Rs 775 to Rs 37,920 per kg.

Silver coins were unaltered at Rs 74,000 for buying and Rs 75,000 for selling of 100 pieces.(PTI)


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KERALA NEWS
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INTERNATIONAL NEWS
175 dead, over 10,000 affected by Nigeria cholera outbreak
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Lankan parties move SC against Parliament dissolution by Prez Sirisena
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NATIONAL NEWS
Delhi pollution: Task forces conducts meetings on WhatsApp for urgent decisions
 New Delhi, Nov 12 (PTI) What happens when air pollution levels in the national capital are 'severe'
PM slams Rahul, Sonia for questioning note ban; need no certificate from those on bail
Union Minister Upendra Kushwaha attacks NDA ally Nitish Kumar amid reports of RLSP MLA joining JD(U)
Mining Baron Janardhana Reddy Remanded in Custody Till November 24 for 'Shielding' Ponzi Scam Accused Father-Son
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