Gold, silver recover on renewed demand

News, Business

Mumbai: Gold prices recovered by Rs 80 per 10 grams at the bullion market here today following renewed demand from stockists and investors amid higher global cues.

Silver too recouped marginally owing to mild offtake by industrial units and coin makers. Standard gold (99.5 purity) rose by Rs 80 to finish at Rs 29,440 per 10 grams from Tuesday's level of Rs 29,360.