Gold declines but Rupee rises
The US dollar ended sharply dearer against the rupee at Rs 39.4450/4550 per dollar but the pound sterling turned lower at Rs 77.98/78.00 per pound at the close of the Interbank Foreign Exchange market on Monday.
By PTI |
Gold declines further on lower global advices
MUMBAI: Gold prices dropped further on the bullion market here today on lack of local demand coupled with persistent stockists' offerings due to lower global advices.
Silver also finished lower on lack of industrial demand. Standard gold (99.5 purity) dropped by Rs 70 per ten grams to Rs 11,515 from the Saturday's closing levels of Rs 11,585.
Pure gold (99.9 purity) fell to Rs 11,570 from Rs 11,635 previously.
Silver ready (.999 fineness) also slipped by Rs 75 per kilo to Rs 21,030 from Rs 21,105 previously.
In the overseas market, Hong Kong gold closed lower at $ 908.20/908.90 per ounce against the last weekend's level of $ 927.60/928.30 per ounce and in London, it was fixed lower in the morning at $ 899.50 against $ 914.75 per ounce previously.
MUMBAI: Gold prices dropped further on the bullion market here today on lack of local demand coupled with persistent stockists' offerings due to lower global advices.
Silver also finished lower on lack of industrial demand. Standard gold (99.5 purity) dropped by Rs 70 per ten grams to Rs 11,515 from the Saturday's closing levels of Rs 11,585.
Pure gold (99.9 purity) fell to Rs 11,570 from Rs 11,635 previously.
Silver ready (.999 fineness) also slipped by Rs 75 per kilo to Rs 21,030 from Rs 21,105 previously.
In the overseas market, Hong Kong gold closed lower at $ 908.20/908.90 per ounce against the last weekend's level of $ 927.60/928.30 per ounce and in London, it was fixed lower in the morning at $ 899.50 against $ 914.75 per ounce previously.
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Dollar ends sharply against Rupee
MUMBAI: The US dollar ended sharply dearer against the rupee at Rs 39.4450/4550 per dollar but the pound sterling turned lower at Rs 77.98/78.00 per pound at the close of the Interbank Foreign Exchange market on Monday.
The Interbank Forex and RBI Rates are; Unit Interbank RBI Reference rates US Dollar 39.4450/4550 US Dollar Rs 39.38 Pound Sterling 77.98/78.00 Euro Rs 58.38 Euro 58.42/44 Japanese Yen (100) 36.87/89 .
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