|
|
|
|
|
29th Safarul Muzaffer 1436 | Monday, Dec 22, 2014
Business

Gold prices recover by Rs 110 to Rs 31,010 per 10 gm

Friday, 28 December 2012
Comments(0)
New Delhi, December 28:

Gold prices recovered by Rs 110 to Rs 31,010 per 10 gm in the national capital Friday on emergence of buying by stockists at existing lower levels, driven by firm global cues.

Silver also strengthened by Rs 200 to Rs 57,700 per kg on increased offtake by industrial units and coin makers.

Marketmen said, besides emergence of buying by stockists and retailers at existing lower levels, firm global trend fuelled the trading sentiment.

Increased offtake by industrial units helped silver to strengthen, they said.

Gold in New York, which normally sets price trend on the domestic front, rose by USD 3.50 to USD 1662.90 an ounce and silver by 0.33 per cent to USD 30.14 an ounce.

On the domestic front, gold of 99.9 and 99.5 percent purity recovered by Rs 110 each to Rs 31,010 and Rs 30,810 per ten grams respectively. It had lost Rs 320 in last two days.

Sovereign rose by Rs 50 to Rs 25,450 per piece of eight gram.

In line with a general firm trend, silver ready gained Rs 200 to Rs 57,700 per kg and week-based delivery by Rs 485 to Rs 58,040 per kg.

On the other hand, silver coins maintained last level of Rs 79,000 for buying and Rs 80,000 for selling of 100 prices in restricted buying activity.

PTI

Latest News

Coldest December 22 in Delhi in 5 years, m...

It was the coldest December 22 in the last five years with mercury dropping to the season's lowest of 4.2 degree Celsius on Monday, even as ...

Ram Temple should be b'day gift to Atal Bihari Vajpayee: Sena MPs

Shiv Sena members in Lok Sabha on Monday sought rolling out of Uniform Civil Code, abrogation of Art ...

Congress veteran and ex-Union minister G V...

Senior Congress leader and former union minister G Venkataswamy died here on Monday night due to age-related ailments. He was 85. Venk ...

Related News

RBI redefines non-cooperative borrowers

The Reserve Bank of India (RBI) Monday redefined the term non-cooperative borrowers to include those who block legitimat ...

Lok Sabha passes bill to amend rural banks act

The Lok Sabha Monday passed a bill to amend the Regional Rural Banks Act. The Regional Rural Bank ...

AAI's non-aeronautical revenue up 52 percent

The government Monday said the non-aeronautical revenue of state-run Airports Authority of India has ...

Post new comment

To combat spam, please enter the code in the image.

Rs. 26640 (Per 10g)

Opinion Poll
Do you think Lakhvi's re-arrest is a drama by Pak to keep India's mouth shut?
YesNoCan't say

Matrimony | Photos | Videos | Search | Polls | Archives | Advertise | Letters

© The Siasat Daily, 2012. All rights reserved.
Jawaharlal Nehru Road, Abids, Hyderabad - 500001, Telangana, India
Tel: +91-40-24744180, Fax: +91-40-24603188
contact@siasat.com