Gold fell by ₹163; Silver falls by ₹195

In the international market, gold was trading at USD 1,717 an ounce while silver was flat at USD 18.95 an ounce.

In the international market, gold was trading at USD 1,717 an ounce while silver was flat at USD 18.95 an ounce.

According to HDFC Securities, gold prices on Thursday fell by Rs 163 to Rs 50,314 per 10 grams in the national capital amid a fall in the precious metal prices internationally.

In the previous trade, the yellow metal had closed at ₹50,477 per 10 grams.

Silver also declined by Rs 195 to Rs 56,254 per kg from Rs 56,449 per kg in the previous trade.

HDFC Securities Senior Analyst (Commodities) Tapan Patel said, “Spot gold of 24 carat in Delhi has declined by Rs 163 reflecting overnight fall in COMEX gold prices.”

In the international market, gold was trading at USD 1,717 an ounce while silver was flat at USD 18.95 an ounce.