Silver rescaled the Rs 41,000-mark by jumping Rs 850 to Rs 41,800 per kg on increased offtake by industrial units and coin makers. 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 per cent and 99.5 per cent purity rebounded by Rs 230 each to Rs 29,380 and Rs 29,230 per 10 grams, respectively. Tracking gold, silver ready jumped Rs 850 to Rs 41,800 per kg and weekly-based delivery Rs 1,185 to Rs 41,830 per kg. Silver coins, however, maintained steady at Rs 72,000 for buying and Rs 73,000 for selling of 100 pieces.

Source: dna January 28, 2017 09:02 UTC