Gold prices fall on Diwali, silver rates drop

Gold prices today fell in special Diwali Muhurat trading. Gold rates declined Rs 210 to Rs 32,400 per 10 grams while silver prices also dropped.

Silver rates fell by Rs 300 to Rs 39,000 per kg. Traders attributed the price fall to lackluster activity in the bullion market.

Jewellers and retailers made token purchases to mark the auspicious occasion of ‘Diwali’ and beginning of Hindu Samvat year 2075.

In Delhi, prices of gold of 99.9% and 99.5% purity traded lower by Rs 210 each to Rs 32,400 and Rs 32,250 per 10 grams respectively. Sovereign too weakened by Rs 100 to Rs 24,800 per piece of eight grams.

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