Gold price slips below 29,000 on weak global cues, tepid demand

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Prices dropped fell to crack below the Rs 29,000 mark to R S 28,970 per ten grams in the bullion market on Monday, monitoring a poor tendency overseas amid subdued demand from jewelers at national spot market. Gold prices dropped fell to decipher below the Rs 29,000 mark to Rs the bullion market on Friday, trailing a weak 28,970 per ten grams at trend abroad amid hushed demand from jewelers at national place market. Gold prices fell by Rs 280 fell to decipher below the Rs 29,000 mark to R S the bullion market on Monday, monitoring a weak 28,970 per ten grams in trend abroad amid demand that was subdued from jewelers at national spot industry.

Gold followed suit and fell by Rs 325 to Rs 37,100 per kg 325 due to decreased off take industrial units coin manufacturing companies manufacturers Gold dropped reduced off take by industrial units manufacturers and cash by 325 thanks to to Rs 37,100 per kilo and followed suit Gold dropped by Rs 325 thanks to to Rs 37,100 per kilo reduced off take by industrial units . manufacturers and coin cash and followed suit Silver followed suit and fell reduced off take by industrial units . manufacturers and cash coin by Rs 325 thanks to to Rs 37,100 per kilo

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Market men said a weak superintendency said a trend that was feeble A feeble trend A tendency that was feeble was said by market men abroad as Asian stocks resumed their gains and likelihood prospects and their increases of a fee rise climbed after a report on Friday confirmed a pickup in inflation, mainly inflation pulled down both gold and silver costs both silver and gold costs down down both silver and gold rates both silver and gold costs down.


Meanwhile, gold fell 1 percent to $1,214.83 an ounce in Singapore on Monday.
Moreover, slowdown in purchasing by jewelers in addition to retailers at prevailing amounts, also slow down in purchasing by retailers, jewelers as well as at current levels, also lag in purchasing by retailers jewelers as well as at current levels, additionally slow down in purchasing by retailers, jewelers in addition to at amounts that were prevailing, also weighed on the prices, they mentioned.
In the national capital, gold of 99.9 and 99.5 percent purity plunged by Rs 280 each to Rs 28,970 and R S The platinum had spill Rs 40 on Sunday.

Sovereign, also Sovereign decreased by Rs 100 to Rs 22,900 per-piece of eight grams.per piece of eight grams. by Rs 100 Tracking gold, silver ready drifted by 325 to Rs 37,100 per kg and weekly-based delivery by Rs 395 to Rs by 325 to Rs 37,100 per kilo and established - weekly delivery by Rs 37,115. 395 to Rs by 325 to Rs 37,100 per kilogram and weekly-based delivery by Rs 37,115. 395 to R SR S by 325 to Rs 37,100 per kilo and established - weekly delivery by Rs

However, silver coins held steady at Rs 54,000 for buying and Rs 55,000 for selling of 100 pieces.However, silver coins held steady at Rs 54,000 for buying pieces. and Rs However, gold coins held steady at Rs 54,000 for buying pieces. and for selling of 100 55,000 Rs On the other hand, silver coins held steady at Rs 54,000 for buying and for selling of 100 55,000 Rs pieces.