Gold & Silver

Gold rises ₹ 30 to ₹33,000 per 10 gm, silver firms up

PTI New Delhi | Updated on April 29, 2019 Published on April 29, 2019

Gold prices on Monday gained by ₹30 to ₹33,000 per 10 gram in the national capital on the back of demand from jewellers, according to the All India Sarafa Association.

Silver also surged ₹250 to ₹38,700 per kg on increased off-take by industrial units and coin makers.

Traders said despite weak global trend, gold prices saw an upward movement due to a rise in domestic demand.

Globally, spot gold was trading lower at USD 1,283.50 an ounce, while silver was down at USD 15.05 an ounce in New York.

On Saturday, the yellow metal had declined by ₹50 to ₹32,970 per 10 gram.

In the national capital, gold of 99.9 per cent and 99.5 per cent purity advanced by ₹30 each to ₹33,000 and ₹32,830 per 10 gram, respectively.

However, sovereign gold held steady at ₹26,400 per eight gram.

Silver ready rose by ₹250 to ₹38,700 per kg, while weekly-based delivery fell by ₹268 to ₹37,250 per kg.

On the other hand, silver coins held flat at ₹80,000 for buying and ₹81,000 for selling of 100 pieces.

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Published on April 29, 2019
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