Gold regains sheen on global cues, jewellers' buying

News, Business

New Delhi: Reversing a two-day slide, gold prices rose by Rs 250 to Rs 30,500 for 10 grams at the bullion market today, largely driven by a firm trend overseas amid pick-up in buying by jewellers at the domestic spot market.

Silver, however, continued its fall and lost another Rs 50 to Rs 39,150 per kg owing to reduced offtake by industrial units and coin makers.