Gold prices up by Rs230 on global cues - News Summed Up

Gold prices up by Rs230 on global cues


In the national capital, gold of 99.9% and 99.5% purity rebounded by Rs230 each to Rs29,380 and Rs29,230 per 10 grams, respectively. Photo: Hemant Mishra/MintNew Delhi: Gold kept its glitter, with prices recovering by Rs230 to Rs29,380 per 10 grams on Saturday, tracking a firm trend overseas amid pick-up in buying by local jewellers at the domestic spot market. Bullion traders attributed the recovery in gold prices to a firm trend overseas and pick-up in buying by local jewellers to meet the ongoing wedding season demand. In the national capital, gold of 99.9% and 99.5% purity rebounded by Rs230 each to Rs29,380 and Rs29,230 per 10 grams, respectively. Tracking gold, silver ready jumped Rs850 to Rs41,800 per kg and weekly-based delivery Rs1,185 to Rs41,830 per kg.


Source: Mint January 28, 2017 12:15 UTC



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