ENM: Gold falls by Rs 160 on sluggish demand, global cues
NEW DELHI: After three sessions of gains, gold prices today declined by Rs 160 to Rs 28,625 per ten gram in the national capital due to fall in demand at prevailing higher levels amid a weak global trend.
Silver remained under selling pressure and lost another Rs 100 to Rs 44,700 per kg.
Marketmen said besides fall in demand from jewellers and retailers in the spot markets, a weak trend in precious metals overseas amid signs of slowin ..