Arya Borse and Arjun Babuta dished out a thoroughly dominant performance and outplayed China's reigning Olympic and World champion duo Zifei Wang and Lihao Sheng 17-7 to win the gold medal in the 10m air rifle mixed team event of the ISSF World Cup.
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Gold in Singapore, which normally set price trend on the domestic front, fell by 0.28 per cent to Rs 1361.80 and silver by 1.90 per cent to 22.75 dollar an ounce.
Gold price softens as demand dips.
After Wednesday's rise, gold prices drifted by Rs 190 to close at Rs 27,610 per ten gram in New Delhi on easing demand from jewellers and retailers amidst a weak global trend.
The men's team, who qualified as the fourth seed, put up a near flawless show to defeat their Dutch opponents.
Elavenil Valarivan strikes 10m air rifle gold; juniors continue dominance
Gold prices recovered by Rs 50 to Rs 26,800 per 10 grams at the bullion market on Friday.
Silver has a dual role - 60 per cent of the total silver produced is used for industrial purposes in the electrical & electronics segment and photovoltaic demand mostly for solar panels.
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In line with overall trends, silver ready traded lower by Rs 350 to Rs 36,950 per kg and weekly-based delivery by Rs 480 to Rs 36,945 per kg.
Other celebs also brought drama and plenty of style to the Vogue event. From Neena Gupta's timelessness to Kusha Kapila's fringe sparkle, the night was a fashion dhamaka.
Traders said the sentiment remained bearish as gold slumped to a five-week low in overseas markets on speculation that the US Federal Reserve will taper asset purchases.
The white metal had gained Rs 200 in the previous session.
Traders said sustained selling by stockists against falling demand at prevailing higher levels mainly led to decline for the second day in the precious metals.
After three days of gains, gold prices on Tuesday fell by Rs 70 to Rs 30,500 per ten gram in the national capital on profit-selling by stockists at prevailing higher levels amid a weak global trend.
The 29-year-old Indian athlete finished ahead of South Korea's Yu Gyumin and Kim Jang-woo, both Asian Championships bronze medal winners.
Two-time Olympic medallist Chopra won gold at the Potch Invitational Track event in Potchefstroom, South Africa, on Wednesday.
eeraj Chopra endured a nightmarish outing at the World Championships' men's javelin throw finals to end a disappointing eighth at the World Athletics Championships in Tokyo.
Gold zoomed by Rs 425 to Rs 31,150 per ten grams in the national capital today on frantic buying by stockists and investors on strong global cues.
Dutchwoman Femke Bol announced on Friday that she is switching from the 400 metres hurdles to the 800m and will start competing in her new event next year.
Traders said sentiment remained bullish as stockists increased their positions to meet the seasonal demand.
Gold prices fell by Rs 100 to Rs 28,300 per 10 grams at the bullion market on Tuesday.
Silver also fell for the third day.
Extending gains for the second day, gold prices moved up by another Rs 70 to Rs 28,300 per ten gram in the national capital on Friday on increased buying by jewellers and retailers, driven by festive season demand coupled with firming global trend.
'Customers are coming in; if they aren't buying, they are at least visiting the stores, which was not the case before the Budget.'
Out of the 10 gold on offer on the opening day of athletics competitions, Maharashtra and Services picked up two each, while Odisha, Himachal Pradesh, Delhi, Uttar Pradesh, Haryana and Tamil Nadu claimed one each.
Oblique Seville, who finished last in the Paris Olympics final last year, emerged an easy winner with 9.77 -- to be placed 10th on the all-time list. Melissa Jefferson-Wooden claimed a dominant victory in the women's 100 metres in 10.61 seconds -- the fastest time ever run at a World championships.
Traders said sustained buying by stockists to meet the rising demand for the 'Navratras,' an auspicious week in Hindu mythology for making fresh purchases mainly pushed up the prices of the precious metals.
Silver also recovered Rs 600 to Rs 45,200 per kg on increased offtake by industrial units and coin makers.
Marketmen said apart from increased buying by jewellers and retailers to meet upcoming festive season demand, a firming global trend on speculation prices near an eight-month low will spur more buying as the US Federal Reserve begins a two-day policy meeting, also boosted the sentiment.
Traders said sustained selling by stockists on the back of sluggish demand mainly kept pressure on precious metals.
The yellow metal fell by Rs 115 to Rs 26,715 and silver lost Rs 400 to Rs 40,350 per kg.
Tanvi becomes first Indian female in 17 years to secure world junior medal, Hooda misses out
Sentiment remained bearish as gold fell in global markets after better-than-expected US economic data backed the case for the Federal Reserve to slow stimulus, traders said.
Tokyo Olympic bronze medalist Lovlina Borgohain clinched the women's 75kg gold at the National Games in Dehradun.
Traders said emergence of buying at prevailing lower levels by jewellers and retailers ahead of the festive and wedding season, a firm global trend mainly led the recovery in precious metals.
On the domestic front, gold of 99.9 and 99.5 per cent purity declined by Rs 25 each to Rs 27,300 and Rs 27,100 per 10 grams, respectively.
After a year of modest returns, equity investors may anticipate gains of 10-15 per cent in Samvat 2082, which began on October 21. Although valuations have moderated from their peaks a year earlier, they remain above long-term averages, potentially limiting sharp upsides.
Neeraj, who will look to defend his javelin throw title in Tokyo, and Arshad were expected to mark their first face-off this year at the Silesia Diamond League in Poland in August.
Rashmika adds gold to India's tally in the junior competition.
From idolising Neeraj to upstaging him at Worlds, Sachin Yadav gains global recognition
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