|
|
|
|
|
22nd Zulqada 1435 | Friday, Sep 19, 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

All will respect Scottish referendum's result: Queen Elizabeth

Queen Elizabeth II Friday said everyone in Britain will respect the result of the Scottish independ ...

Trial of assault case against Saif Ali Khan likely to start in Nov

A local court on Friday completed its pre-trial formalities in the 2012 assault case registered agai ...

CBI not to file any coal scam charge sheet yet: SC

The Supreme Court Friday restrained the CBI from filing any charge sheet or closure report in coal s ...

Related News

Rupee up 10 paise against dollar in early trade on September 19

Extending its rising streak for the the fourth straight day, the rupee strengthened by 10 paise to 6 ...

Walmart to tap smaller cities in India with 50 stores in 5 years

Walmart, which has 20 stores in the country, is planning to open 50 more stores over the next five y ...

Jet to launch full services on all-economy JetKonnect

In a bid to take on competition from Tata-SIA’s Vistara airline which is yet to start operations, ...

Post new comment

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

Rs. 26340 (Per 10g)

Opinion Poll
Do you think attack on rescuers in Srinagar justified?
YesNoCan't say

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

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