New Delhi On Tuesday, a sharp decline in the spot price of gold and silver has been recorded. In the domestic bullion market, the price of gold on Tuesday fell by Rs 1,317 per 10 grams. According to HDFC Securities, the gold price has fallen to Rs 54,763 per 10 grams in the national capital due to this decline. According to securities, prices have also fallen domestically due to strengthening rupee and falling gold prices in the international market. Significantly, in the previous session, gold had closed at Rs 56,080 per 10 grams on Monday.
Spot price of silver has also registered a sharp decline in domestic bullion market on Tuesday. The spot price of silver has declined by Rs 2,943 per kg on Tuesday. Silver has come down to Rs 73,600 per kg due to this decline. Significantly, silver had closed at Rs 76,543 per kg in the previous session.
On the international level, gold was trending at $ 1,989 an ounce on Tuesday and silver was also down at $ 27.90 an ounce on Tuesday. This decline has been recorded due to selling.
At the same time, the Indian rupee closed at 74.78 with a gain of 12 paise against a dollar on Tuesday due to an increase in the domestic stock markets.