Gold recovers Rs 100 from jewelers, silver tumbles 1075

Traders said that demand for local jewelers and manufacturing rose sharply due to the rise in gold prices.

New Delhi: Over the past few days, fluctuations in gold prices have been seen due to unstable global signs. On Thursday, where the price of gold was seen, the price of gold has risen again today. Gold continued to rise at Rs 31,580 per 10 grams in the national capital today on sustained buying by local jewelers and manufacturers, despite negative global cues. 

Gold Price in Global Market / Delhi
In the national capital Delhi, 99.9 per cent and 99.5 per cent purity of gold reached Rs 31,580 and Rs 31,430 per ten gram respectively with the profit of 100-100 rupees. Sovereigns continued to stay at Rs 24,800 per piece of 8 grams. Globally, gold in New York fell by 0.24 per cent to $ 1328.20 an ounce. In Singapore, gold lost 0.05 per cent to 1,753.45 dollar and silver remained stable at 21.81 Singapore dollars. 

Why have gold prices
, traders said local jewelers and gold demand Manufacturers momentum. 

Bearing How to silver
On the other hand, silver demand for industrial units and coin makers dropped by Rs 1075 to Rs 39,475 per ten grams below Rs 40,000. On the other hand, the silver spot dropped by Rs 1075 to Rs 39,475 per kilogram. The weekly silver supply fell by Rs 10 to Rs 38,500 per kilogram. Silver coins recovered by Rs 74,000 to Rs 75,000 for buying and Rs 75,000 for selling of 100 pieces. Silver in Singapore also fell 0.57 per cent to $ 16.50 an ounce.