Gold prices drop ₹ 73; silver cracks ₹ 196

Gold in the national capital on Friday dipped ₹ 73 to ₹ 47,319 per 10 gram amid fall in global precious metal prices, according to HDFC Securities.

In the previous trade, the precious metal had closed at ₹ 47,392 per 10 gram.

Silver also dipped ₹ 196 to ₹ 68,043 per kilogram from ₹ 68,239 per kilogram in the previous trade.

"Spot gold prices for 24 carat in Delhi were trading ₹ 73 lower with fall in COMEX gold prices," according to HDFC Securities, Senior Analyst (Commodities), Tapan Patel.

In the international market, gold was trading lower at $ 1,823 per ounce and silver was flat at $ 26.13 per ounce.

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