Gold prices on Monday fell marginally by ₹30 to ₹38,955 per 10 gram in the national capital on a weak global trend, according to HDFC Securities.
The precious metal had closed at ₹38,985 per 10 gram on Saturday.
“Spot gold prices for 24 karat in Delhi was trading marginally down by ₹30 to ₹38,955 in absence of festival buying and weak global prices,” HDFC Securities, senior analyst - Commodities, Tapan Patel said.
Silver prices, however, moved up by ₹150 to ₹46,750 per kg from ₹46,600 per kg.
In the international market, gold prices were trading flat at $1,488.76 an ounce and silver was trading at $17.67 per ounce.
“The international gold prices traded lower as the U.S. and China are narrowing the trade differences in order to pen down key phase 1 trade deal in November 2019,” he added.
