SRINAGAR : Gold prices in the national capital fell by Rs 500 to Rs 1,20,600 per 10 grams on Friday, halting a five-day record-breaking rally as investors booked profits and a slight recovery in the US dollar dampened sentiment. Follow Us On G -N e w s | Whatsapp
According to the All India Sarafa Association, as per Moneycontrol , the yellow metal of 99.9 per cent purity had surged Rs 1,100 on Wednesday to an all-time high of Rs 1,21,100 per 10 grams. Gold of 99.5 per cent purity also slipped by Rs 500 to Rs 1,20,000 per 10 grams, after closing at Rs 1,20,500 in the previous session. Local bullion markets were shut on Thursday owing to Gandhi Jayanti and Dussehra.
Silver prices followed suit, declining by Rs 500 to Rs 1,50,000 per kilogram, compared to Rs 1,50,5