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Gold & Silver Rate: Gold prices fell

Today at the bullion market, gold prices fell by Rs 55 to Rs 34,225 per 10 gram.  Silver also followed and weakened by Rs 150 to Rs 41,100 per kg owing to reduced offtake by industrial units and coin makers. Traders attributed the decline in gold prices to a weak trend overseas and easing demand from jewellers at the domestic markets.

Globally, gold fell 0.24 per cent to USD 1,312 an ounce and silver by 0.51 per cent to USD 15.82 an ounce in New York.

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