Srinagar Observer
Sunday, July 6, 2025
  • Home
  • Top News
  • Kashmir
  • Jammu
  • Business
  • Sports
  • National
  • World
  • Editorial

    The Habitual Shifts

    Assuring Crime Free Society

    Stimulating Young Energy

    An Ethical Denial

    Beating Inflation

    The Timely Exigence

    Extension in Academics

     Aiding Healthcare

    Development in Disguise

    Gender-Free Conviction

  • Edit-Oped
  • ePaper
No Result
View All Result
Srinagar Observer
  • Home
  • Top News
  • Kashmir
  • Jammu
  • Business
  • Sports
  • National
  • World
  • Editorial

    The Habitual Shifts

    Assuring Crime Free Society

    Stimulating Young Energy

    An Ethical Denial

    Beating Inflation

    The Timely Exigence

    Extension in Academics

     Aiding Healthcare

    Development in Disguise

    Gender-Free Conviction

  • Edit-Oped
  • ePaper
No Result
View All Result
Srinagar Observer
No Result
View All Result
Home Business

Gold plunges Rs 861; silver tanks Rs 1,709

SO NEWS Desk by SO NEWS Desk
June 17, 2021
in Business, Latest
A A
0
Share on FacebookShare on TwitterWhatsApp

New Delhi –  Gold in the national capital on Thursday plunged Rs 861 to Rs 46,863 per 10 grams reflecting muted global trends, according to HDFC Securities.
In the previous trade, the precious metal had closed at Rs 47,724 per 10 grams.
Silver also declined Rs 1,709 to Rs 68,798 per kg, from Rs 70,507 per kg in the previous trade.

In the international market, gold was trading lower at USD 1,810 per ounce and silver was flat at USD 26.89 per ounce.

RELATED POSTS

Vocal for Local is the pathway to Viksit Bharat: Piyush Goyal

Satish Sharma advocates digital empowerment, youth led entrepreneurship at FTII Traders Conclave 2025

HDFC Securities Senior Analyst (Commodities) Tapan Patel said, “Gold prices traded under pressure witnessing overnight selling after the US Federal Reserve’s comments. The hawkish stance pushed dollar higher against major currencies triggering selling in gold prices.”

The stronger dollar may continue to pressure gold prices dampening safe haven demand for the short term, he added.

Motilal Oswal Financial Services Vice-President (Commodities Research) Navneet Damani said, “Gold prices languished as the dollar and the US Treasury yields jumped after US Federal Reserve officials projected interest rate hikes sooner than expected.”

Related

ShareTweetSend
SO NEWS Desk

SO NEWS Desk

Related Posts

Vocal for Local is the pathway to Viksit Bharat: Piyush Goyal

by SO NEWS Desk
July 6, 2025
0

SRINAGAR, JUNE 06 - Union Minister of Commerce and Industry, Shri Piyush Goyal, addressed the Traders’ Conclave – 2025, organised...

Satish Sharma advocates digital empowerment, youth led entrepreneurship at FTII Traders Conclave 2025

by SO NEWS Desk
July 6, 2025
0

Calls for Integration of IT, Consumer Welfare, Skill Development for stronger trade ecosystem SRINAGAR, JULY 6: Minister for Food, Civil...

Lieutenant Governor joins Youm-e-Ashoora’s Zuljinah procession in Srinagar

by SO NEWS Desk
July 6, 2025
0

Pays tributes to Hazrat Imam Hussain (AS) and his companions SRINAGAR, JULY 06: On the solemn occasion of Youm-e-Ashura, the...

Delay in Rotational Headship Policy Draws Concern in Kashmir’s Medical Colleges

by SO NEWS Desk
June 28, 2025
0

SRINAGAR, JUNE 28 - A year after the Jammu and Kashmir government issued a landmark order mandating rotational headship in...

Rouble Nagi Art Foundation to Establish Computer Lab at Madrasa Shah Hamdan Tangdar

by SO NEWS Desk
June 27, 2025
0

KARNAH, KUPWARA | JUNE 27, 2025: In a major initiative aimed at bridging the digital divide in border areas, renowned...

Next Post

MMU launches poster, online campaign to encourage Covid vaccination

Ekta Kapoor's Balaji Telefilms starts vaccination drive for staff

Digital Edition

Srinagar Observer

Srinagar Observer is an English Newspaper based in Jammu and Kashmir

CATEGORY

  • Business
  • Edit-Oped
  • Editorial
  • Jammu
  • Kashmir
  • Latest
  • National
  • Photo Gallery
  • Sports
  • Top News
  • Uncategorized
  • World

Subscribe to Blog via Email

Enter your email address to subscribe to this blog and receive notifications of new posts by email.

Join 9,375 other subscribers

Archives

No Result
View All Result
  • Home
  • About Us
  • Contact Us
  • Advertise

© 2024 Srinagar Observer - Designed by GITS.

No Result
View All Result
  • Home
  • Top News
  • Kashmir
  • Jammu
  • Business
  • Sports
  • National
  • World
  • Editorial
  • Edit-Oped
  • ePaper

© 2024 Srinagar Observer - Designed by GITS.