ECM: Gold extends losses on global cues; silver up on fresh buying
NEW DELHI: Continued its falling streak, gold prices declined by Rs 20 to Rs 27,200 per ten gram in the national capital today owing to slackened demand amid a weak global trend.
However, silver moved up by Rs 350 to Rs 40,700 per kg on increased offtake by industrial units and coin makers.
Traders said sentiments remain weak on falling demand from jewellers amid a weakening trend overseas, where gold fell after signs of improving US economy drove advances in the dollar an ..
