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Gold prices remain flat at Rs 19,040 per 10 g in thin trade

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Press Trust of India New Delhi
Last Updated : Jan 21 2013 | 3:38 AM IST

Gold prices remained unchanged at Rs 19,140 per ten grams in the national capital today on restricted buying activity at existing higher levels.

However, silver prices declined by Rs 50 to Rs 29,850 per kg on reduced offtake by industrial units.

Marketmen said restricted buying activity at existing rates and a steady trend in overseas market mainly kept gold prices stable at yesterday's level.

Gold in overseas markets, which normally sets the price trend on the domestic front, also remained flat at $1,242.10 an ounce.

Gold of 99.99 per cent purity and 99.5 per cent purity hovered at their previous levels of Rs 19,140 and Rs 19,040 per ten grams respectively, while sovereigns held steady at Rs 14,700 per piece of eight grams.

On the other hand, silver ready declined by Rs 50 to Rs 29,850 per kg and weekly-based delivery by Rs 55 to Rs 29,510 per kg.

Silver coins continued to be traded at around the previous level of Rs 34,600 for buying and Rs 34,700 for selling of 100 pieces.

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First Published: Jul 01 2010 | 4:25 PM IST

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