Standard gold (99.5 purity) rose by Rs20 to close at Rs29,445 per 10 grams from Wednesday’s level of Rs29,425. Photo: HEMANT MISHRA/ MINTMumbai: Gold prices recovered modestly by Rs20 per 10 grams at the bullion market in the city on Thursday on fresh demand from stockists and retailers amid bullish global cues. Standard gold (99.5 purity) rose by Rs20 to close at Rs29,445 per 10 grams from Wednesday’s level of Rs29,425. Pure gold (99.9 purity) also moved up by the same margin to finish at Rs29,595 per 10 grams compared to Rs29,575 on Wednesday. Spot gold was up at $1,277.82 an ounce in early European trade and silver rose to $16.66 an ounce.

Source: Mint October 05, 2017 13:52 UTC