Gold flat; silver slides ₹150

Gold prices were flat at ₹32,680 per 10 gram; silver dropped ₹150 to ₹37,200 per kg

Gold prices were ruling almost flat at ₹32,680 per 10 gram, while silver dropped ₹150 to ₹37,200 per kg in the national capital on May 22, according to the All India Sarafa Association.

Traders said gold prices gained by ₹10 at the bullion market here despite a sluggish trend overseas.

Globally, spot gold was trading marginally lower at $1,274.70 an ounce, while silver stood steady at $14.53 an ounce in New York.

In the national capital, gold of 99.9% and 99.5% purity gained by ₹10 each to ₹32,680 and ₹32,510 per 10 gram, respectively.

Sovereign gold, however, held steady at ₹26,500 per 8 gram.

Silver ready declined by ₹150 to 37,200 per kg, while weekly-based delivery gained ₹49 to ₹36,300 per kg.

On the other hand, silver coins held flat at ₹79,000 for buying and ₹80,000 for selling of 100 pieces.

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