Gold, silver prices rule flat amid thin trading

Gold prices remained flat at ₹35,870 per 10 gram; Silver stood steady at ₹42,300 per kg

July 25, 2019 06:17 pm | Updated 06:17 pm IST - New Delhi

Gold prices on July 25 remained flat at ₹35,870 per 10 gram in the national capital amid thin trading, according to All India Sarafa Association.

Silver also stood steady at ₹42,300 per kg, despite the white metal losing steam overseas.

Globally, spot gold traded flat at $1,426.60 an ounce, while silver was trading lower at $16.59 an ounce in New York.

According to analysts, there was lack of movement in gold prices as investors remained cautious ahead of the much crucial European Central Bank (ECB) policy statement to be released later on Thursday.

In the national capital, gold of 99.9% and 99.5% purity held flat at ₹35,870 per 10 gram and ₹35,700 per 10 gram, respectively.

Sovereign gold also held steady at ₹27,500 per eight gram.

On Wednesday, the precious metal rose by ₹150 and silver had gained ₹350.

Silver ready held steady at ₹42,300 per kg, while weekly-based delivery gained ₹12 to ₹41,558 per kg.

Silver coins also held flat at ₹85,000 for buying and ₹86,000 for selling of 100 pieces.

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