Gold Prices Extend Losses To Second Day, Slip Below 33,000 Rupees Mark

Gold Prices Extend Losses To Second Day, Slip Below 33,000 Rupees Mark

Gold prices declined by Rs 155 per 10 grams to Rs 32,875 per 10 grams at the bullion market here on Saturday, amid a weak global trend and fading demand from local jewellers. Silver also dropped by Rs 600 per kilogram to Rs 39,850 per kg due to reduced offtake by industrial units and coin makers. Apart from a weak global trend, marketmen said tepid demand from local jewellers and retailers at the domestic spot market weighed on gold prices, traders said.

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