Gold ends soft amid lacklustre demand

October 18, 2014

New Delhi-India (Oct 18)  Gold prices moved down marginally in listless trading in the domestic bullion market here owing to lack of buying support at existing levels amid weak undertone overseas.

 Elsewhere, silver also declined further due to reduced industrial offtake.

 Standard gold (99.5 purity) inched down by Rs 5 to settle at Rs 27,240 per 10 grams against overnight level of Rs 27,245.

 Pure gold (99.9 purity) also eased by a similar margin to end at Rs 27,390 per 10 grams.

Silver fell by 80 Rs to finish at Rs 39,270 per kg.



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