Gold, silver prices continues losses In India 2013: In 2013 Year the price Gold and Silver losses are still going on here we give complete details of Gold and Silver loss in 2013 Year. Supported by resellers worldwide sales environment weakening trend has led gold and silver extend losses in the capital on Saturday.
Gold declined by Rs 50 lakh 27,250 ten grams, silver shed Rs 120 Rs 41,410 per kg. Traders said sustained selling by dealers in line with the weakening global trend, as a stronger dollar curbed demand for alternative investments, mainly contributed to the gold and silver continue to give ground. But in New York, which normally set price trend on the domestic front, fell 0.06 percent to $ 1,284.80 an ounce and silver by 1.17 percent to $ 19.92 an ounce. On the domestic front, gold of 99.9 and 99.5 per cent purity fell further, Rs 50 lakh each 27,250 and 27,050 rupees per ten grams, respectively. He paid Rs 25 on Friday.
Sovereign followed suit and traded lower by 50 rupees 24,150 rupees per piece of eight grams. According to the low overall trend, silver fell by Rs 120 41410 rupees per kg and weekly-based delivery of 70 RS 41,460 crore for the RS 220 kg.Bely metal lost in the last transaction. On the other hand, silver coins remained stable at Rs 79,000 for buying and Rs 80,000 for selling of 100 pieces in restricted buying at prevailing higher levels.
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