Gold remains up on wedding season buying - News Summed Up

Gold remains up on wedding season buying


Globally, gold fell 0.49 per cent to $1,271.70 an ounce and silver by 0.82 per cent to $16.90 an ounce in Singapore. | Photo Credit: Reutersmore-inGold prices rose by ₹25 to ₹30,550 per ten grams at the bullion market on Tuesday on continued buying by local jewellers, triggered by the ongoing wedding season. Bullion traders said increased buying by local jewellers to meet the ongoing wedding season demand at domestic spot market, mainly kept gold prices higher but a weak trend in the precious metals overseas, restricted the gains. Globally, gold fell 0.49 per cent to $1,271.70 an ounce and silver by 0.82 per cent to $16.90 an ounce in Singapore. Tracking gold, silver ready rose further by ₹180 to ₹40,730 per kg and weekly-based delivery by ₹170 to ₹39,800 per kg.


Source: The Hindu November 14, 2017 09:33 UTC


Loading...
Loading...