Gold climbs Rs 200 on jewellers’ buying; silver also firms up



Gold climbs Rs 200 on jewellers’ shopping for; silver additionally corporations up


outlookindia.com

1970-01-01T05:30:00+0530

New Delhi, Could 24 Gold costs Friday rose by Rs 200 to Rs 32,870 per 10 gram within the nationwide capital on the again of recent shopping for from native jewellers, in response to the All India Sarafa Affiliation.

Monitoring gold, silver additionally gained by Rs 150 to Rs 37,550 per kg on elevated offtake by industrial models and coin makers.

Merchants attributed the rise in gold costs to a pick-up in demand from native jewellers within the home market however mentioned a weak pattern abroad capped the positive aspects.

Globally, spot gold was buying and selling decrease at USD 1,281.70 an oz., whereas silver was down at USD 14.61 an oz. in New York.

Within the nationwide capital, gold of 99.9 per cent and 99.5 per cent purity gained by Rs 200 every to Rs 32,870 and Rs 32,700 per 10 gram, respectively.

Sovereign gold, nevertheless, held regular at Rs 26,500 per eight gram.

Silver prepared rose by Rs 150 to Rs 37,550 per kg, whereas weekly-based supply was up by Rs 316 to Rs 36,550 per kg.

Then again, silver cash held flat at Rs 79,000 for purchasing and Rs 80,000 for promoting of 100 items. VHP HRS

Disclaimer :- This story has not been edited by Outlook workers and is auto-generated from information company feeds.

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