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Gold falls Rs 150; silver tumbles Rs 700

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NEW DELHI, Sept 7: Gold prices fell Rs 150 to Rs 60,050 per 10 grams in the national capital on Thursday amid weak global cues, according to HDFC Securities.

In the previous trade, the precious metal had finished at Rs 60,200 per 10 grams.

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Silver also declined Rs 700 to Rs 74,100 per kg.

In the global markets, gold and silver were trading lower at USD 1,917 per ounce and USD 23.05 per ounce, respectively.

Gold continue to decline for the third straight day as stronger-than-expected US economic data triggers bets that the Federal Reserve could hike interest rates again this year, Saumil Gandhi, senior analyst of commodities at HDFC Securities, said. (PTI)

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The Hills Timeshttps://thehillstimes.in/
Welcome to The Hills Times, your trusted source for daily news and updates in English from the heart of Assam, India. Since our establishment in 2000, we've been dedicated to providing timely and accurate information to our readers in Diphu and Guwahati. As the first English newspaper in the then undemarcated Karbi Anglong district, we've forged a strong connection with diverse communities and age groups, earning a reputation for being a reliable source of news and insights. In addition to our print edition, we keep pace with the digital age through our website, https://thehillstimes.in, where we diligently update our readers with the latest happenings day by day. Whether it's local events, regional developments, or global news, The Hills Times strives to keep you informed with dedication and integrity. Join us in staying ahead of the curve and exploring the world through our lens.
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