Gold falls on sluggish demand at higher levels

Tags: Commodities
Gold prices fell by Rs 140 to Rs 30,340 per ten gram in the national capital owing to slackened demand at prevailing higher levels amid a weak trend overseas.

Silver also shed Rs 70 to Rs 41,700 per kg on reduced offtake by coin makers and other consuming industries.

Traders said besides a weak trend in the global markets, fall in domestic demand at prevailing levels mainly led to decline in the gold prices.

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