BackGold prices gain further on global cues, jewellers’ buying
In Delhi, gold of 99.9% and 99.5% purity advanced Rs90 each to Rs29,400 and Rs29,250 per 10 grams respectively.
Premium
New Delhi: Rising for the second straight session, gold prices gained another Rs90 Tuesday to Rs29,400 per 10 gram at the bullion market, tracking a firm trend overseas amid persistent buying by local jewellers. However, silver held steady at Rs39,100 per kg.
Marketmen said weakness in the US dollar boosted gold demand in the global market, while increased buying by local jewellers at the domestic spot market supported the metal.
Globally, gold rose by 0.13% to $1,255.70 an ounce in Singapore. In Delhi, gold of 99.9% and 99.5% purity advanced Rs90 each to Rs29,400 and Rs29,250 per 10 grams respectively. It had gained Rs160.
Sovereign, however, remained unaltered at ₹ 24,400 per piece of eight grams. On the other hand, silver ready ruled flat ₹ 39,100 per kg, while weekly-based delivery traded higher by ₹ 70 to ₹ 38,180 per kg.
Silver coins, however, drifted lower by ₹ 1,000 to ₹ 71,000 for buying and ₹ 72,000 for selling of 100 pieces.
Unlock a world of Benefits! From insightful newsletters to real-time stock tracking, breaking news and a personalized newsfeed – it's all here, just a click away! Login Now!
