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Gold Rate Today: Gold, silver fall on low demand

Staff reporter, New Delhi
08/02/2019   0 Comments

Gold price fell in the domestic futures market in Friday's session on low demand at the spot market by local jewellers. However, firm global trend capped the losses in the safe-haven asset. Gold held steady on Friday on worries that a prolonged Sino-US trade war could worsen global economic slowdown, Reuters reported. Silver prices fell in the futures trade on slightly reduced orders at the spot market from industrial units and coin makers. The MCX Gold was trading at Rs 33,105 per 10 grams, down by Rs 64, while MCX Silver was trading Rs 97 lower at Rs 39,823 a kilo around 10:40 am.

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