{"id":42169,"date":"2016-12-10T05:52:26","date_gmt":"2016-12-10T05:52:26","guid":{"rendered":"http:\/\/greattelangaana.com\/english\/?p=42169"},"modified":"2016-12-10T05:52:26","modified_gmt":"2016-12-10T05:52:26","slug":"gold-prices-go","status":"publish","type":"post","link":"https:\/\/greattelangaana.com\/english\/gold-prices-go\/","title":{"rendered":"Gold prices go down"},"content":{"rendered":"<p style=\"text-align: justify;\">Gold prices fell by Rs 130 to hit a 10-month low of Rs 28,580 per 10 grams on Friday amid a weakening global trend and a considerable decline in demand from jewellers at the domestic spot market.<\/p>\n<p style=\"text-align: justify;\">Silver, however, firmed up further by Rs 250 to Rs 41,850 per kg due to increased offtake by industrial units and coin makers.<\/p>\n<p style=\"text-align: justify;\">Traders said sentiment was downbeat, largely in step with a subdued global trend, as a surging dollar somewhat took the sheen off the precious metals as a safe haven.<\/p>\n<p style=\"text-align: justify;\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-42171\" src=\"https:\/\/greattelangaana.com\/english\/wp-content\/uploads\/2016\/12\/21-1429601068-3.jpg\" alt=\"Gold prices go down\" width=\"600\" height=\"450\" \/><\/p>\n<p style=\"text-align: justify;\">Besides, a decline in demand from jewellers in view of the prevailing cash crunch weighed heavy on gold prices, they said.<\/p>\n<p style=\"text-align: justify;\">Globally, gold fell 0.15 per cent to $1,168.60 an ounce in Singapore.<\/p>\n<p style=\"text-align: justify;\">The government had on November 8 scrapped Rs 500 and Rs 1,000 notes of the old series to flush out black money, leading to a cash crunch in the market.<\/p>\n<p style=\"text-align: justify;\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-42172\" src=\"https:\/\/greattelangaana.com\/english\/wp-content\/uploads\/2016\/12\/gooldsm20150726153333.jpg\" alt=\"Gold prices go down\" width=\"480\" height=\"270\" \/><\/p>\n<p style=\"text-align: justify;\">In the national capital, gold of 99.9 per cent and 99.5 per cent purity fell by Rs 130 each to Rs 28,580 and Rs 28,430 per 10 grams, respectively &#8211; a level last seen on February 9 when it had closed at Rs 28,585.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Gold prices fell by Rs 130 to hit a 10-month low of Rs 28,580 per 10 grams on Friday amid a weakening global trend and a considerable decline in demand from jewellers at the domestic spot market. Silver, however, firmed up further by Rs 250 to Rs 41,850 per kg due to increased offtake by [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":42170,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[2],"tags":[18035,4355,4354,4353,19845,4356,520,10103,517,19846],"class_list":["post-42169","post","type-post","status-publish","format-standard","has-post-thumbnail","category-top-stories","tag-coin-makers","tag-domestic-spot-market","tag-global-trend","tag-gold-prices","tag-gold-prices-go-down","tag-industrial-units","tag-jewellers","tag-precious-metals","tag-silver","tag-weakening-global"],"jetpack_featured_media_url":"https:\/\/greattelangaana.com\/english\/wp-content\/uploads\/2016\/12\/Gold-prices-go-down.jpg","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/greattelangaana.com\/english\/wp-json\/wp\/v2\/posts\/42169","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/greattelangaana.com\/english\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/greattelangaana.com\/english\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/greattelangaana.com\/english\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/greattelangaana.com\/english\/wp-json\/wp\/v2\/comments?post=42169"}],"version-history":[{"count":0,"href":"https:\/\/greattelangaana.com\/english\/wp-json\/wp\/v2\/posts\/42169\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/greattelangaana.com\/english\/wp-json\/wp\/v2\/media\/42170"}],"wp:attachment":[{"href":"https:\/\/greattelangaana.com\/english\/wp-json\/wp\/v2\/media?parent=42169"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/greattelangaana.com\/english\/wp-json\/wp\/v2\/categories?post=42169"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/greattelangaana.com\/english\/wp-json\/wp\/v2\/tags?post=42169"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}