PT:Gold drops on selling by stockists, silver advances
Mumbai, Apr 1 (PTI) Snapping its two-session surge, gold prices dropped today following heavy offerings by stockists and speculators amidst subdued investment buying.
On the other hand, silver continued to move higher on steady demand from coin and jewellery makers.
Standard gold (99.5 purity) skidded by Rs 246 to quote at Rs 28,224 per 10 grams at 1700 hrs from Rs 28,470 Monday, a bullion trading company said.