Gold falls Rs 800 in Delhi as crude surge, geopolitical uncertainty weigh on bullion
New Delhi, Aug 19 (PTI) Gold prices declined by Rs 800 to Rs 1,58,000 per 10 grams in the national capital on Wednesday as rising crude oil rates and lingering geopolitical uncertainty weighed on investor sentiment. The yellow metal of 99.9 per cent purity had closed at Rs 1,58,800 per 10 grams on Tuesday. Silver also declined, dragged by heavy selling, tumbling Rs 5,730 to Rs 2,35,000 per kilogram (inclusive of all taxes), from the previous close of Rs 2,40,730 per kg, according to the All India Sarafa Association. Gold prices traded weak as higher crude oil rates continued uncertainty