Golds slips below Rs 32,000 on global cues - Gold prices dipped below the R- Navbharat Times Photodhamal

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Gold prices dipped below the Rs 32,000-mark, tumbling Rs 405 to Rs 31,965 per ten gram at the bullion market today amid a weak trend overseas and slump in demand from local jewellers.

In This Pic : Gold

Pic Courtesy : BCCL

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Silver followed suit and cracked Rs 41,000-mark by falling Rs 370 to Rs 40,830 per kg.

In This Pic : Gold

Pic Courtesy : BCCL

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Investors sentiment dampened largely on weak trend overseas, traders said.

In This Pic : Gold

Pic Courtesy : BCCL

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Besides, an appreciating rupee against the US dollar made the imports cheaper, they said.

In This Pic : Gold

Pic Courtesy : BCCL

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Fall in demand from local jewellers at domestic spot market also weighed on the prices, they added.

In This Pic : Gold

Pic Courtesy : BCCL