Silver Prices Fall From Record High in Delhi

Silver prices retreated from the record level in the national capital on Friday, with the white metal plunging by ₹3,500 to ₹2,04,100 per kilogram due to emergence of fresh selling from stockists and retailers, according to the All India Sarafa Association.

It had surged ₹

1,800 to scale a fresh peak of ₹2,07,600 per kg on Thursday.

In the local bullion market, gold prices are traded almost flat at ₹1,36,515 per 10 grams (inclusive of all taxes) from Thursday's closing of ₹1,36,500 per 10 grams.

In the international markets, spot gold slipped by USD 10.09, or 0.23 per cent, to USD 4,322.51 per ounce.

On the other hand, spot silver was trading 0.56 per cent higher at USD 65.85 per ounce in the overseas trade.