Bullion extends losing streak to third day as crude tops $115 per barrel
India, Oct. 23 -- Gold and silver prices declined for a third straight session in the national capital on Friday as rising crude oil prices and a stronger US dollar weighed on investor sentiment.
The 99.9 per cent pure gold slumped by Rs 1,900 to Rs 1,46,100 per 10 grams, inclusive of all taxes, from Thursday's closing level of Rs 1,48,000 per 10 grams, according to the All India Sarafa Association.
Silver tumbled Rs 5,500 to Rs 2,02,000 per kilogram, from the previous close of Rs 2,07,500 per kg, marking its decline for a third straight session. The white metal has lost Rs 30,000, or 13 per cent, since September 30, reflecting mounting pressure on the metal amid a broader selloff in the commodity markets.
"Domestic gold prices fell to...
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