Gold prices ease on subdued trade

Meanwhile,silver gained on firm buying support from stockists amidst good industrial off-take.

Gold prices eased at the domestic bullion market here today due to lack of local buying interest from retailers at current levels.

Meanwhile,silver gained on firm buying support from stockists amidst good industrial off-take.

“Trading sentiment in the yellow metal is on a subdued note in the absence of cues from overseas market in view of extended New Year holidays,” traders said.

Story continues below this ad

Standard gold of 99.5 per cent purity moved down by Rs 15 to close at Rs 27,175 per 10 grams from last Saturday’s close of Rs 27,190.

Pure gold of 99.9 per cent purity also went down by Rs 30 to finish at Rs 27,300 per 10 grams from Rs 27,330.

However,silver ready (.999 fineness) rose by Rs 130 per kg to conclude at Rs 51,100 from Rs 50,970 previously.

9 men killed in Chennai construction site had left Assam to build a better life

India1 hr ago

Nine young men from the Dimasa tribe, working at a construction site in Tamil Nadu, were killed when a concrete arch they were working on collapsed. The brothers Provit and Sorbojit Thaosen were among the victims, along with four others from their village. The incident highlights the lack of employment opportunities and low wages that force many from their villages to work as migrant workers.

View all shorts

Live Blog

PHOTOS