India, June 23 -- Gold and silver prices witnessed sharp declines in the national capital on Tuesday as a stronger US dollar weighed on precious metals in global markets.
According to the All India Sarafa Association, gold of 99.9% purity fell by Rs 3,000, or 2%, to Rs 1,49,300 per 10 grams (inclusive of taxes). The yellow metal was last quoted near this level on March 27.
Silver prices saw an even steeper fall, tumbling Rs 10,500 to a more than two-month low, as weakness in international markets and dollar strength triggered broad-based selling in precious metals.
Published by HT Digital Content Services with permission from Dion Global Solutions Limited....