to regain the psychological Rs 29,000-mark at the bullion market on persistent buying by jewellers to meet retailers demand amid a firming global trend. Gold gained as US stocks clawed back from Thursday s sharp decline but were still ready to log a sizable decline for the week. December gold rose USD 3.90, or 0.3 per cent, to settle at USD 1,294 an ounce. For the week, the metal rose 2.3 per cent the strongest weekly gain since the week ended April 13. September silver added half a cent, or less than 0.1 per cent, to USD 17.07 an ounce, for a gain of roughly 5 per cent on the week.

Source: dna August 12, 2017 07:07 UTC