Pure gold (99.9 purity) also rose by a similar margin to end at Rs29,625 per 10 grams as against Rs29,555 previously in Mumbai. Photo: Pradeep Gaur/MintMumbai: Gold prices recovered at the domestic bullion market in Mumbai on Tuesday, on fresh demand from stockists and investors even as the metal weakened overseas. Standard gold (99.5 purity) moved up by Rs70 to close at Rs29,475 per 10 grams from Monday’s closing level of Rs29,405. Pure gold (99.9 purity) also rose by a similar margin to end at Rs29,625 per 10 grams as against Rs29,555 previously. Spot gold slipped 0.2% to $1,279.01 an ounce at early trade, after hitting its lowest since 6 October at $1,271.86 in the previous session.

Source: Mint October 24, 2017 12:56 UTC