Gold prices drop Rs 200, Sliver rates fall Rs 500

Gold prices fell by Rs 200 to Rs 31,750 per 10 grams on Saturday due to tepid demand from local jewellers amid a weak trend overseas.

Silver, too, slumped by Rs 500 to Rs 37,300 per kg owing to reduced demand from industrial units.

Market analysts said tepid demand from local jewellers and retailers at the domestic spot market weighed on the prices of the yellow metal.



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