Gold price inks more records,silver falls

Gold continued its northward journey and scaled fresh new highs at the bullion market here.

Gold continued its northward journey and scaled fresh new highs at the bullion market here today on good off-take by investors and stockists reinforced by higher global trend.

Silver,however,softened on speculative selling amid reduced industrial off-take.

Standard gold (99.5 purity) gained by Rs 35 to close at Rs 31,990 per 10 gm from last Saturday’s closing level of Rs 31,955.

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Pure gold (99.9 purity) also firmed up by a similar margin to finish at Rs 32,130 per 10 gm from Rs 32,095.

However,silver ready (.999 fineness) slipped by Rs 40 per kg to conclude at Rs 62,890 as against Rs 62,930 last weekend.

In Europe,gold moved down slightly though it remained at six-month high as investors stayed on fence over expectations of Federal Reserve’s quantitative easing later this week after softer US jobs market report.

Spot gold was bid down at USD 1,730.30 an ounce in early trade and silver bid lower at USD 33.44 an ounce.

EXCLUSIVE: EC brings in feature to check misuse of identity to seek voter list deletions

Political Pulse2 hr ago

The Election Commission has launched a new 'e-sign' feature on its portal and app to prevent fraud. This comes after allegations of misuse of online voter deletion forms in Karnataka. The feature requires voters to verify their identity using their Aadhaar-linked phone numbers, reducing the possibility of fraud.

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