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Silver hits record Rs 1,32,300 per kg, gold slips from highs amid global cues

According to the All India Sarafa Association, the price of 24-carat gold of 99.9 per cent purity fell by Rs 500 to Rs 1,13,300 per 10 grams (inclusive of all taxes), ending a four-day winning streak. On Friday, it had rallied by Rs 700 to a record Rs 1,13,800 per 10 grams

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Globally, spot gold traded marginally higher at USD 3,645.12 per ounce, while silver was quoted at USD 42.20 per ounce. Representational pic

Globally, spot gold traded marginally higher at USD 3,645.12 per ounce, while silver was quoted at USD 42.20 per ounce. Representational pic

Silver prices rose by Rs 300 to hit a fresh all-time high of Rs 1,32,300 per kg, while gold retreated from record levels, dropping Rs 500, in the national capital on Monday amid firm global trends, reported news agency PTI.

According to the All India Sarafa Association, the price of 24-carat gold of 99.9 per cent purity fell by Rs 500 to Rs 1,13,300 per 10 grams (inclusive of all taxes), ending a four-day winning streak. On Friday, it had rallied by Rs 700 to a record Rs 1,13,800 per 10 grams.

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