Gold regained it sheen by surging Rs 250 to 30,400 per 10 gram at the bullion market on Thursday largely on a firm global trend amid increased buying by jewellers at domestic spot market, triggered by wedding season demand. Silver also recovered on mild demand from industrial units.
Analysts attributed the rebound in gold prices to a firm trend overseas and increased buying by jewellers at domestic spot market to meet the wedding season demand.
Globally, gold rose 0.36 per cent to USD 1,259.40 an ounce in Singapore. In the national capital, gold of 99.9 per cent and 99.5 per cent purity spurted by Rs 250 each to Rs 30,400 and Rs 30,250 per 10 gram, respectively. The metal had lost Rs 260 on Wednesday.
- Mumbai’s Haji Ali Dargah Trust to SC: Ready to give women access to sanctum sanctorum
- Samajwadi Party Crisis: 5 Quotes By Mulayam Singh Yadav At Press Conference
- Ae Dil Hai Mushkil Vs Shivaay: What Delhites Pick
- Supreme Court Directs Vijay Mallya To Fully Disclose Foreign Assets In 4 Weeks
- 5 Reasons To Watch Ae Dil Hai Mushkil
- BSP Supremo Mayawati Criticises PM Modi Over Triple Talaq: Here’s What She Said
- Google Pixel XL Phone Review: Pros, Cons And Final Verdict
- Defence Minister Manohar Parrikar Says Army donation Is Voluntary
- Rock On 2 Trailer Launch: Farhan Akhtar, Shraddha Kapoor, Prachi Desai On Their Roles
- Cyrus Mistry’s Career Timeline
- Stalker Kills Woman At Metro Station In Gurgaon: Here’s What Happened
- Bigg Boss 10 October 24 Review: Seven Contestants Nominated For Evictions
- Power Struggle In Mulayam’s Party: Here’s What People Reacted
- 1 Dead, 5 Injured In Low Intensity Explosion In Delhi’s Naya Bazaar Area
- Delhi: Naya Bazar Explosion Cctv Footage
Sovereign, however, held steady at Rs 24,300 per piece of eight grams. In line with gold, silver ready edged up by Rs 35 to Rs 42,625 per kg and weekly-based delivery by Rs 140 to Rs 42,230 per kg. Silver coins, however, held steady at Rs 73,000 for buying and Rs 74,000 for selling of 100 pieces.