Silver also fell from Rs 1,600 to Rs 54,765 per kg.
“Spot gold prices for 24 karat gold in Delhi fell by 435 rupees per 10 grams on risk aversion sentiment and reduced participation of exchange traded funds (ETFs) in gold,” said Dilip Parmar, research analyst at HDFC Securities.
In the international market, gold was trading lower at $1,615.7 per ounce while silver was trading at $18 per ounce.
Gold prices declined as COMEX spot gold prices fell to $1,615 per ounce, a level last seen in April 2020, Parmar added.
Silver also fell from Rs 1,600 to Rs 54,765 per kg.
“Spot gold prices for 24 karat gold in Delhi fell by 435 rupees per 10 grams on risk aversion sentiment and reduced participation of exchange traded funds (ETFs) in gold,” said Dilip Parmar, research analyst at HDFC Securities.
In the international market, gold was trading lower at $1,615.7 per ounce while silver was trading at $18 per ounce.
Gold prices declined as COMEX spot gold prices fell to $1,615 per ounce, a level last seen in April 2020, Parmar added.