Hamas strongly condemns prosecutor's bid to get arrest warrants against its leaders as Israel calls the move against PM a historical disgrace
mena1 hour ago
Gold was on Saturday weighed down by slackening demand as prices dropped Rs 50 to Rs 30,800 per 10 grams even as the metal strengthened overseas.
Demand softness also led to silver tumbling by Rs 200 to Rs 40,500 per kg as industrial units and coin makers kept to the sidelines.
The losses, according to traders, would have been higher but for a firm trend overseas that arrested the slide. Easing demand from jewellers and retailers prevailed chiefly in the domestic spot market.
Globally, gold rose 0.50 per cent to $1,297.10 an ounce and silver 0.27 per cent to USD 16.98 an ounce in New York yesterday.
In the national capital, gold of 99.9 per cent and 99.5 per cent purity shed Rs 50 each to Rs 30,800 and Rs 30,650 per 10 grams, respectively. It had climbed Rs 350 in yesterday's trade.
Sovereign, however, remained unchanged at Rs 24,700 per piece of eight grams in limited deals.
In sync with the broader trend, silver ready moved lower by Rs 200 to Rs 40,500 per kg and weekly-based delivery by Rs 205 to Rs 39,725.
Silver coins, however, held steady at Rs 74,000 for buying and Rs 75,000 for selling of 100 pieces.
Hamas strongly condemns prosecutor's bid to get arrest warrants against its leaders as Israel calls the move against PM a historical disgrace
mena1 hour ago
E& UAE has played a vital role in achieving the country’s connectivity ambitions
telecom1 hour ago
107 asset and fund managers operating in ADGM, currently managing 137 funds
business2 hours ago
His admission to stealing from Trump Organization could chip away at his credibility as a star witness
americas2 hours ago
General elections will be held in South Africa on May 29 to elect the National Assembly
uae2 hours ago
Every dirham invested at DWTC for events generated 8 times economic output across the wider economy
business2 hours ago
More than 20,000 people have been detained for their anti-war stance since the start of Moscow's full-scale invasion of Ukraine in February 2022
europe2 hours ago
The popular figure, who is set to return in season 2 of 'Real Housewives of Dubai', shares her views on love, personal growth, and the profound impact of childhood trauma
entertainment2 hours ago