Rupee weakens; gold, silver lose sparkle
The US dollar ended sharply dearer against the rupee at Rs 39.5550/5650 per dollar and the pound sterling also finished higher at Rs.77.08/10 per pound at the close of the Interbank Foreign Exchange market on Monday.
By PTI |
MUMBAI: The US dollar ended sharply dearer against the rupee at Rs 39.5550/5650 per dollar and the pound sterling also finished higher at Rs.77.08/10 per pound at the close of the Interbank Foreign Exchange market on Monday.
Following are Interbank Forex and RBI Rates. Unit Interbank RBI Reference rates $ 39.5550/5650 $ Rs. 39.38 Pound Sterling 77.08/10 Euro Rs. 57.27 Euro 57.24/26 Japanese Yen (100) 37.38/40
Following are Interbank Forex and RBI Rates. Unit Interbank RBI Reference rates $ 39.5550/5650 $ Rs. 39.38 Pound Sterling 77.08/10 Euro Rs. 57.27 Euro 57.24/26 Japanese Yen (100) 37.38/40
Gold, silver lose sparkle on weak global cues
Gold fell by Rs 65 per ten grams to Rs 11,190 on the bullion market on Monday, on heavy offerings by stockists in view of weak overseas advices.
Silver prices also dropped on lack of industrial demand. Globally, Hong Kong gold moved down to $ 874.10/874.80 per ounce as against the previous closing level of $ 874.70/875.40. In London also, it was quoted lower in the morning at $ 874.25 as against USD 882.00 per ounce previously.
In the local market, standard gold fell to Rs 11,190 per ten grams from the previous level of Rs 11,255.
Pure gold also declined to Rs 11,240 per ten grams from Rs 11,305 previously.
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Silver ready too slipped by Rs 215 per kilo to Rs 20,470 from 20,685 previously.
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