Premium
This is an archive article published on August 9, 2012

Gold price rebounds on good retail buying,silver surges

Gold prices rose at the domestic bullion market today due to renewed interest from retailers and jewellery traders amid firm overseas trend.

google-preferred-btn

Gold prices rose at the domestic bullion market today due to renewed interest from retailers and jewellery traders amid firm overseas trend.

Silver continued to surge on heavy speculative off-take coupled with strong industrial demand.

Standard gold (99.5 purity) spurted by Rs 105 to finish at Rs 29,765 per 10 grams from overnight closing level of Rs 29,660.

Story continues below this ad

Pure gold (99.9 purity) went up by Rs 110 to end at Rs 29,900 per 10 grams from Rs 29,790 yesterday.

Silver ready (.999 fineness) strengthened by Rs 285 per kg to settle at Rs 54,035 over its Wednesday’s close of Rs 53,750.

On the global front,gold advanced on positive US economic data amid stimulus hopes.

Gold for December delivery gained USD 3.20 to settle at USD 1,616 an ounce on the Comex division of the NYMEX late yesterday,while silver for September contract eased to USD 28.08 an ounce.

Latest Comment
Post Comment
Read Comments
Advertisement
Live Blog
PHOTOS
In pics: From concept supercars to electronic SUV's: Bharat Mobility Global Expo 2025 was all about innovation
In Pics: From Concept Supercars to Electric SUVs – Innovation at Bharat Mobility Global Expo 2025
Top Stories
India Women's World Cup families
SportsTeam India’s families carry hope — home to Mumbai, dreams to prayer
Heaviest satellite to be launched from India, Heaviest satellite to be launched, ISRO, Indian Space Research Organisation (ISRO), LVM-3, CMS-03, multiband communication satellite, Indian express news, current affairs
ExplainedISRO’s record-breaking LVM-3 Mission and what It means for India’s future space flights
Shah Rukh Khan in Thums Up advertisement.
EntertainmentBrand SRK: Advertising gurus weigh in on why Shah Rukh Khan has been as successful a brand ambassador as a movie star
A look at the Delhi boy who dreamed big and became the face of New India.
SRK@60: Why Shah Rukh Khan is Bollywood's last, and only, superstar
86 year old uber driver sponsor 24 girls in India
TrendingMan runs $175 million business but still drives Uber at 86: ‘I send this money to educate girls in India’
Delhi Metro Vimal ad Noida station DMRC
Trending‘Please don’t damage the dignity of the Metro’: Delhi man questions pan masala brand's ad at Noida station, DMRC responds
India Women's World Cup families
SportsAhead of Women's World Cup final, families on road trip, visit temples, hope for a famous triumph: 'They have taught us to dream...'
Brij Bhushan Sharan Singh sexual abuse, Brij Bhushan Singh sexual abuse, Brij Bhushan Sharan Singh, Brij Bhushan Singh, Brij Bhushan back, Indian express news, current affairs
In shadow of sexual abuse, Brij Bhushan back: Guest of honour at launch of league
Patriotism, Sardar Vallabhbhai Patel birth anniversary, Narendra Modi, Sardar Vallabhbhai Patel, Statue of Unity, editorial, Indian express, opinion news, current affairs
OpinionIndians who are patriotic rarely feel need to say they are
Andhra Pradesh Venkateswara Temple stampede
AP Venkateswara Temple Stampede: Why stampedes frequently tend to unfold in India
Priyanka on taking care of her jewellery
LifestylePriyanka Chopra swears by this trick to avoid ruining her jewellery: 'You don't want aerosol on it'
Privacy-first browsers like Brave and Tor offer more control over who you share your data with.
TechnologyBest privacy-friendly browsers in 2025: Tor, Brave, DuckDuckGo and more
Advertisement
Must Read
SportsAhead of Women's World Cup final, families on road trip, visit temples, hope for a famous triumph: 'They have taught us to dream...'
India Women's World Cup families
In shadow of sexual abuse, Brij Bhushan back: Guest of honour at launch of league
Brij Bhushan Sharan Singh sexual abuse, Brij Bhushan Singh sexual abuse, Brij Bhushan Sharan Singh, Brij Bhushan Singh, Brij Bhushan back, Indian express news, current affairs
SportsIndia vs South Africa, 2025 Women’s ODI World Cup Final: Key battles, X-factors and where the match could turn
India vs South Africa Women's World Cup final
TechnologyBest privacy-friendly browsers in 2025: Tor, Brave, DuckDuckGo and more
Privacy-first browsers like Brave and Tor offer more control over who you share your data with.
TechnologyFrance switches on world’s first road that wirelessly charges EVs on the go
France plans to make 9,000 kms of wireless charging EV highways across the country.
TechnologyIndigenous databases like ShaktiDB will reduce dependence on foreign interests: Shankar Raman, CEO, IITM Pravartak
Shankar Raman, CEO, IITM Pravartak Foundation.
LifestylePriyanka Chopra swears by this trick to avoid ruining her jewellery: 'You don't want aerosol on it'
Priyanka on taking care of her jewellery
Advertisement
Buzzing Now
TrendingMan runs $175 million business but still drives Uber at 86: ‘I send this money to educate girls in India’
86 year old uber driver sponsor 24 girls in India
Trending‘Please don’t damage the dignity of the Metro’: Delhi man questions pan masala brand's ad at Noida station, DMRC responds
Delhi Metro Vimal ad Noida station DMRC
Trending‘India is chaotic perfection’: Gurugram couple’s viral post lists 11 reasons life here beats living abroad
Gurugram couple's 11 reasons why life in India beats living abroad
TrendingBengaluru man loses 40% of salary overnight, quits next day; company left in ‘full panic mode’
Bengaluru man resignation after 40% of salary cut
TrendingMakeup artist turns Annabelle, Halloween street stunt sends chills through Delhi: ‘Mummy yaad dila di’
Annabelle on Delhi Street Halloween
Nov 02: Latest News
Advertisement