Pure gold prices rallied by Rs160 to conclude at Rs 29,055 per 10 grams. Photo: Priyanka Parashar/ MintMumbai: Buoyed by positive global cues and sustained buying by jewellers at the domestic market, gold gained Rs 160 to trade at Rs 28,905 per ten grams at the bullion market here today. Pure gold (99.9 purity) also rallied by a similar margin to conclude at Rs 29,055 per 10 grams as against Rs 28,895 previously. Globally, gold rallied more than 1% after US President Donald Trump’s failure to push through a healthcare reform package on Friday raised questions over his ability to deliver promised tax cuts and spending plans. Also Read| Global gold prices hit one-month peak as Trump health-care failure hurts dollarSpot gold was up 1.1% at $1,257.08 an ounce at early trade, having touched a one-month high of $1,259.14.

Source: Mint March 27, 2017 13:07 UTC