In the global markets, gold and silver were trading lower. File image for representation.
| Photo Credit: NAGARA GOPAL
Gold prices fell ₹150 to ₹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 ₹60,200 per 10 grams.
Silver also declined ₹700 to ₹74,100 per kg.
In the global markets, gold and silver were trading lower at $1,917 per ounce and $23.05 per ounce, respectively.
Gold continue to decline for the third straight day as stronger-than-expected U.S. 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.
