Gold, silver prices down feb 10 2012

Gold, silver prices down feb 10 2012 ; spot gold was at $1721.30 per troy ounce, down $10.00 from its New York settlement on Thursday. In Europe, gold slipped as euro eased on optimism over Greece agreement for further austerity measures in order to receive the second rescue package.

Spot gold was bid down at $1,716.49 an ounce in early trade. Spot silver was also quoted lower at $33.60 an ounce.

the euro failed to hold on to gains versus the dollar. Traders waited cautiously for a conclusive agreement for Greece to secure its second bailout. The common currency surged to a two-month high of $1.3322 Thursday on signs of progress in resolving Greece's debt problems.

Gold prices in india feeb 10 2012
Gold and silver prices fell further at the bullion market here today on hectic profit taking by stockists and speculators amidst subdued jewellery offtake on the back of lower international markets.

Standard gold of 99.5% purity declined by Rs 195 to close at Rs 27,880 per 10 grams from Thursday's closing level of Rs 28,075.

Pure gold of 99.9% purity slid by Rs 200 to close at Rs 28,005 per 10 grams as compared to Rs 28,205 previously. Silver ready (.999 fineness) dropped by Rs 200 per kg to conclude at Rs 56,160 per kg from Rs 56,360 yesterday.

Spot gold was bid down at $1,716.49 an ounce in early trade. Spot silver was also quoted lower at $33.60 an ounce. For the latest updates on the stock market, visit Stock Market Today

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