Gold price drops Rs 717 per 10 gm, silver plunges Rs 1,274 a kg

Gold in the national capital plunged Rs 717 to Rs 46,102 per 10 g ram on Wednesday in line with decline in global pr ecious metal prices , according to HDFC Securities.

Silver also dec lined Rs 1,274 to Rs 68,239 per kg, from Rs 69,513 per kg in the previous trade.

"Spot gold prices f or 24 karat in Delhi plung ed Rs 717 in line with dec line in global gold prices ," according to HDFC Securities Senior Analyst (Commodities) Tapan Patel.

In the inter national market, gold was quoting lower at USD 1,786 per ounce and silver was f lat at USD 27.10 per ounce.