Gold edges up on jewellers' buying

News, Business

New Delhi: After falling for two straight days, gold prices recovered by Rs 40 to Rs 31,290 per 10 grams at the bullion market today on scattered buying by local jewellers even as the metal weakened overseas.

However, silver lost another Rs 150 to Rs 39,100 per kg on reduced offtake by industrial units and coin makers amid subdued global cues.