Gold price revision, beyond 30600: silver glow also rises

Gold price revision, beyond 30600: silver glow also rises

In Delhi, 99.9 per cent and 99.5 per cent purity gold recovered by Rs 145-145 to Rs 30,620 and Rs 30,470 per ten gram respectively.

New Delhi: Gold prices shot up by Rs 145 to Rs 30,620 per ten gram in Delhi Sarafa Bazar due to increased buying by local jewelers amid strong trend in the overseas markets. The bullion traders said that due to strong sentiment in the overseas markets and weakening of the dollar, the price of precious metals was seen in the bullion. Apart from this, due to the wedding season, the increased demand for local jewelers strengthened this sentiment.

Gold in the global market improves

Globally, gold in Singapore rose by 0.06 per cent to $ 1317.10 an ounce. Silver gained 0.18 per cent to $ 16.97 an ounce. In Delhi, 99.9 per cent and 99.5 per cent purity gold recovered by Rs 145-145 to Rs 30,620 and Rs 30,470 per ten gram respectively. In the trading session yesterday, gold was down by 25 rupees. However, the eight-gram gini remained steady at Rs 24,700 per unit.

What today silver trick

industrial units and coin went from increasing offtake of Manufacturers, silver Rs 39,680 Rs 180 Rs per kg. On the other hand, silver ready recovered by Rs 180 to Rs 39,680 per kg and weekly-based delivery by Rs 155 to Rs 38,990 per kg. Silver coins and liqueurs rose by Rs 1,000 to Rs 73 thousand and Rs 74 thousand per hundred respectively.