At the highest level of 14 months, silver crosses 41 thousand rupees

Due to the demand for strong global signals and the rapidly growing local jewelers, gold today rose by Rs 350 to Rs 14,400 per 14 grams in the bullion market at Rs 31,450 per 10 grams.

New Delhi: Gold prices have risen wildly today and today gold prices have seen a phenomenal increase of Rs 350. Due to the demand for strong global signals and the rapidly growing local jewelers, gold today rose by Rs 350 to Rs 14,400 per 14 grams in the bullion market at Rs 31,450 per 10 grams.

Gold in
Singapore rose 0.43 per cent to $ 1363.60 an ounce in Singapore, the highest level in almost 14 months. Sarafa businessmen said that strong global cues have strengthened gold. Apart from this, coming to the lower level of nearly three years of the dollar has also increased demand. The demand for local jewelery makers also got support from it.

Silver also jumped in the
demand of industrial units and coin makers, silver also jumped Rs 1100 and crossed the level of Rs 41 thousand per kg.

Globally, silver in Singapore also shipped 0.29 percent to USD 17.58 an ounce. Silver, however, recovered by Rs 1100 to Rs 41,000 per kg and silver futures rose by Rs 1190 to Rs 40,130 per kg. However, silver coins remained at the old level. Coin liquefied 74 thousand rupees and coin sold for 75 thousand rupees per hundred.