Gold worth fell by ₹50 to ₹57,500 per 10 grams within the nationwide capital on October four amid a fall in valuable metallic costs in worldwide markets, in accordance with HDFC Securities.
The yellow metallic had settled at ₹57,550 per 10 grams within the earlier commerce.
Silver additionally plunged ₹500 to ₹71,000 per kg.
Within the abroad markets, gold was quoting decrease at $1,822 per ounce, whereas silver was flat at $21.09 per ounce.
Comex spot gold traded round its lowest stage in virtually seven months on the again of sturdy U.S. macro information and a surge in US bond yields, Saumil Gandhi, senior analyst of commodities at HDFC Securities, stated.