Gold stays flat at Rs 30,280 per 10 grams

News, Business

New Delhi: Gold prices held steady at Rs 30,280 per 10 grams today, supported by a firm trend overseas, along with fresh buying by local jewellers. However, silver plunged Rs 100 to Rs 39,900 per kg, hurt by lower offtake by industrial units and coin makers.

Traders said a firm trend prevailed overseas after the US Federal Reserve left interest rates unchanged and investors waited for an announcement on the next chair of the central bank.