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Business News/ Market / Stock-market-news/  Gold prices rise 250, silver gains 800
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Gold prices rise ₹250, silver gains ₹800

Gold prices climbed by ₹250 on Saturday to close at ₹32,350 per 10 grams due to positive global cues. Silver gained ₹800 to close at ₹38,500 per kg

Globally, gold surged to $1,247.46 an ounce in New York amid a strengthening dollarPremium
Globally, gold surged to $1,247.46 an ounce in New York amid a strengthening dollar

New Delhi: Gold prices climbed by 250 on Saturday to close at 32,350 per 10 grams due to uptick in demand amid positive global cues.

Silver gained 800 to close at 38,500 per kg on higher demand from industrial units and coin makers.

A firm trend overseas, where gold spurted on safe-haven buying, boosted the yellow metal’s prices in India as well, traders said.

In the national capital, gold of 99.9 per cent and 99.5 per cent purities rose by 250 each to close at 32,350 and 32,200 per 10 grams, respectively.

Besides, sovereign gold moved up by 100 to 25,000 per piece of 8 grams.

Globally, gold surged to $1,247.46 an ounce in New York and silver also went up to $14.62 an ounce amid a strengthening dollar.

Silver ready rose by 800 to 38,500 per kg, while weekly-based delivery gained 1094 to 38,300 per kg.

In similar fashion, silver coins rose to 74,000 for buying and 75,000 for selling of 100 pieces.

This story has been published from a wire agency feed without modifications to the text. Only the headline has been changed.

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Published: 08 Dec 2018, 04:30 PM IST
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