Gold plunges ₹ 714, silver declines ₹ 386

January 07, 2021 04:10 pm | Updated 04:16 pm IST - New Delhi

File photo of gold bullion for representation.

File photo of gold bullion for representation.

Gold in the national capital plunged ₹ 714 to ₹ 50,335 per 10 gram on Thursday, reflecting a decline in global precious metal prices, according to HDFC Securities.

In the previous trade, the precious metal had closed at ₹ 51,049 per 10 gram.

Silver also dipped by ₹ 386 to ₹ 69,708 per kilogram from ₹ 70,094 per kilogram in the previous trade.

In the international market, gold was quoting lower at $ 1,916 per ounce, and silver was flat at $ 27.07 per ounce.

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