Poochandi

August 23, 2010

Gold prices declined further at the bullion market here today due to lack of local buying interest coupled with mild stockists offerings at existing higher levels.

Silver, also eased in the absence of demand from industrial users.

Standard gold (99.5 purity) fell by Rs 30 per 10 grams to close at Rs 18,690 from last Saturday's closing level of Rs 18,720.

Pure gold (99.9 purity) also looked down by a similar margin of Rs 30 per ten grams to end at Rs 18,780 per ten grams, as against Rs 18,810 last weekend.

Silver ready (.999 fineness) moved down by Rs 25 per kilo to settle at Rs 29,490 from Rs 29,515.