Quick View : Precious metals fall on easing demand

Updated: May 15 2012, 06:41am hrs
Both the precious metals, silver and gold, declined on Monday on reduced offtake by retailers and stockists following off marriage season and weak global trend. While silver dropped by R350 to R53,400 per kg, gold eased by R10 to R28,800 per 10 gm on falling demand among retailers and industrial units. Trading sentiment turned bearish on reduced offtake by customers and stockists following off marriage and festival season.