Gold, silver prices fall on global cues

New Delhi: Gold prices fell by Rs150 to Rs60,300 per 10 grams in the national capital on Tuesday amid weak global cues, according to HDFC Securities. In the previous trade, the precious metal had closed at Rs60,450 per 10 grams. Silver also tumbled Rs1,500 to Rs75,500 per kilogram.

“Gold declined on Tuesday, with spot gold prices (24 carats) in the Delhi markets trading at Rs60,300/10 grams, down by Rs150, following bearish trade in overseas markets,” said Saumil Gandhi, senior analyst of commodities at HDFC Securities. In the international markets, both gold and silver were quoting lower at $1,936 per ounce and $23.60 per ounce, respectively.