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Gold price tumbles by Rs 350, silver by Rs 100

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Gold prices, Silver prices, Gold and silver jewellery, Business news

New Delhi: Gold prices today dipped below the Rs 30,000 mark, tumbling by Rs 350 to Rs 29,650 per 10 grams at the bullion market, tracking a weak trend overseas amid fall in demand from local jewellers.

 

 

Silver also declined by Rs 100 to Rs 41,600 per kg on reduced off-take by industrial units and coin makers.

Traders said a weak trend overseas, where gold sank the most in more than seven weeks after centrist Emmannuel Macron led the first round of voting in the French presidential election, boosted stocks and tiger red a sell-off of the safe-haven bullion, which mainly dampened sentiments here.

Globally, gold tumbled 1.5 per cent-the biggest decline since March 2nd-to trade at USD 1,265.51 an ounce in Singapore.

 

 

Besides, fall in demand from local jewellers and retailers at current levels weighed on prices, they said.

In the national capital, gold of 99.9 and 99.5 per cent purity slumped by Rs 350 each to Rs 29,650 and Rs 29,500 per 10 grams, respectively.

It had gained Rs 200 on Saturday’s trade.

 

 

Sovereign followed suit and declined by Rs 100 to Rs 24,400 per piece of eight grams.

Following gold, silver ready fell by Rs 100 to Rs 41,600 per kg, while weekly-based delivery slipped below the Rs 41,000-mark by falling Rs 330 to Rs 40,940 per kg.

Silver coins too plummeted by Rs 1,000 at Rs 71,000 for buying and Rs 72,000 for selling of 100 pieces.

 

Business

Apple is giving a huge discount on its gadgets: Details inside

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If you want to buy an iPhone and were waiting for a nice offer, then we have a piece of good news for you! Amazon Summer Sale May 2022 has begun and they are offering major discounts on various smartphones, laptops, and smart TVs, among others.

The sale is live now on the e-commerce platform with no-cost EMI options and exchange discounts on various products. In addition to this, Amazon has also partnered with several banks including ICICI, Kotak Bank, and RBL so that customers get instant discounts of up to 10% using their cards and EMI transactions.

Customers can easily enjoy this summer sale and get massive discounts on iPhones. They can also compare prices on Flipkart Big Saving Days Sale 2022 before making a purchase.

 

Amazon Summer Sale May 2022: Discount offer on iPhone 13 

Apple’s coveted phone model iPhone 13 in the 128 GB storage model will be available during the Amazon Summer Sale May 2022 for Rs 64,900. The MRP of the phone is Rs 79,900. This means that the customers will be able to enjoy a discount of up to Rs 15,000 on the purchase of the iPhone 13.

If you have an old iPhone in working condition then you will also be eligible to receive another additional discount worth up to Rs 17,000 on the iPhone 13.

Buy at Rs. 64,900 (MRP – Rs. 79,900)

Features of Apple iPhone 13 

The iPhone is powered by an A15 Bionic processor with 6 core CPU. Apart from this, it has 16 core neural engines. With the iPhone 13, up to 512 GB of storage will be available. The iPhone 13 has a 6.1-inch Retina XDR display with 1000 nits brightness.

The iPhone 13 has a 12-megapixel dual rear camera setup. This time a new wide-angle camera has been given, whose aperture is f/1.6. With this, there is support for sensor optical stabilisation. Night mode has been made better than before. The second lens is also 12 megapixels ultra-wide and has an aperture of f/2.4.

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