Delhi: Gold prices eased by Rs 800 to Rs 1.45 lakh per 10 grams in the national capital on Tuesday amid subdued demand in the domestic market.
According to the All India Sarafa Association, the yellow metal of 99.9 per cent purity declined Rs 800 to Rs 1,45,800 per 10 grams (inclusive of all taxes) from Monday’s closing level of Rs 1,46,600 per 10 grams.
Silver, however, staged a sharp rebound, snapping a four-session losing streak, rising by Rs 6,000 to Rs 2,30,000 per kilogram (inclusive of all taxes).
The white metal had settled at Rs 2,24,000 per kg in the preceding session.
Also Read: Gold declines Rs 2,800, silver drops Rs 5,000 in Delhi amid weak global cues
Analysts said gold remained under pressure in the domestic market, while silver attracted value buying after the recent correction.
In the international markets, spot gold traded marginally higher at USD 4,021.15 per ounce, while silver rose nearly 1 per cent at USD 58.81 per ounce.
The association also brushed aside internal objections to allowing non-Delhi players to enter the auction
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