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Due to weak global demand, gold prices on Monday fell by Rs 80 to Rs 56,880 per 10 grams in the bullion market of the national capital. HDFC Securities gave this information. In the last trading session, gold had closed at Rs 56,960 per 10 grams. Silver also declined by Rs 180 to close at Rs 68,795 per kg. Silver had closed at Rs 68,975 per kg in the previous trading session.
An analyst at HDFC Securities said, “Spot gold prices in Delhi declined by Rs 80 to Rs 56,880 per 10 grams.” According to analysts, higher prices and discounts offered by some dealers to attract customers Due to this, the retail demand in the Indian market remained very sluggish.
In overseas markets, gold declined to $1,923 an ounce. While silver was down at $ 23.66 an ounce.
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