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Gold Extends Six-Day Slide, Falls Rs 11,000 Overall

Gold Extends Six-Day Slide, Falls Rs 11,000 Overall
Gold extends slide for sixth day, down Rs 11,000 in six sessions · thehansindia.com

Gold became cheaper for the sixth day in a row.

Its price fell by Rs 2,100 on Wednesday.

In New Delhi, 10 grams of 99.9% pure gold cost Rs 1,56,100.

The price had been Rs 1,58,200 on Tuesday.

Over six trading sessions, gold has lost Rs 11,000.

It was priced at Rs 1,67,100 on August 25.

The current price is close to the level seen on August 14.

The fall followed weakness in global markets.

Key facts

Latest price
Rs 1,56,100 per 10 grams
Latest daily decline
Rs 2,100
Losing streak
Six consecutive trading sessions
Total six-session fall
Rs 11,000
Price on August 25
Rs 1,67,100 per 10 grams
Previous close
Rs 1,58,200 per 10 grams on Tuesday
Purity
99.9%

Sources

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