Breaking |

Breaking |

Gold glitters on global uptrend, higher buying
Published : Jan 22, 2018, 3:19 pm IST
Updated : Jan 22, 2018, 3:19 pm IST
SHARE ARTICLE

New Delhi: A global upward move and increased buying by local jewellers pushed up gold prices by Rs 225 to Rs 31,075 per 10 grams today. Silver, however, held steady at Rs 39,900 per kg on scattered buying by consuming industries. 


Advertisement

Traders said a firming trend overseas, where gold strengthened on the softer dollar as investors sought safe haven assets after the US government shutdown due to a funding impasse, influenced gold prices here. Gold rose 0.06 per cent to USD 1,331.40 in Singapore. 


Besides, increased buying by local jewellers to meet ongoing wedding season demand at domestic spot markets supported the upside, they said. In the national capital, gold of 99.9 per cent and 99.5 per cent purity edged up by Rs 225 each to Rs 31,075 and Rs 30,925 per 10 grams, respectively. 

Advertisement


It had gained Rs 20 on Saturday. Sovereign also gained Rs 100 to end at Rs 24,900 per piece of eight grams in scattered deals. On the other hand, silver ready held flat at Rs 39,900 per kg on little doing while weekly-based delivery rose by Rs 145 to Rs 39,015 per kg. 

Image result for Gold glitters on global uptrend higher buying

Advertisement

Silver coins, however, continued to be asked for at the previous level of Rs 74,000 for buying and Rs 75,000 for selling of 100 pieces.

SHARE ARTICLE
Advertisement
Advertisement

Raja Warring's Anger Boils: \'state has Rs 12,000 crore, so why isn't it being spent?\'

11 Sep 2025 6:53 PM

Hoshiapur Missing Child Body Found News

11 Sep 2025 6:49 PM

Minister Hardeep Mundian teared up during the interview when he recalled PM Modi's words!

10 Sep 2025 6:26 PM

Flood Danger Beas River: Another dam about to break! Look how the waves are rising like ocean

10 Sep 2025 6:22 PM

Mundian said, \'I was not even allowed to speak during the meeting with the PM\', Politics over Fund

10 Sep 2025 6:18 PM

PM Relief Fund | Punjab Floods | Relief package of over 100 Crore from Himachal to Punjab |

09 Sep 2025 6:54 PM
Advertisement