Breaking |

Breaking |

Gold stays flat at Rs 30,280 per 10 grams
Published : Nov 2, 2017, 3:43 pm IST
Updated : Nov 2, 2017, 3:43 pm IST
SHARE ARTICLE

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.


Globally, gold firmed up 0.17 per cent to USD 1,276.50 an ounce in Singapore. Buying by local jewellers to meet wedding season demand at the domestic market supported the upmove.

In the national capital, gold of 99.9 per cent and 99.5 per cent purity edged up by Rs 5 each to Rs 30,280 and Rs 30,130 per 10 grams, respectively. The precious metals had lost Rs 105 yesterday. Sovereign, however, remained steady at Rs 24,700 per piece of eight grams in limited deals.

Advertisement


On the other hand, silver ready declined by Rs 100 to Rs 39,900 per kg while weekly-based delivery traded higher by Rs 535 to Rs 39,705 per kg on speculative buying.

Silver coins maintained a steady trend at Rs 74,000 for buying and Rs 75,000 for selling of 100 pieces.

SHARE ARTICLE
Advertisement
Advertisement

Nihang Singh lashes out at Sukhbir Badal and Jathedar Kuldeep Singh Gargarj, watch the interview

01 Jun 2025 12:24 PM

Pilibhit Sikh Family: \"I was offered 24 lakh rupees for the religious conversion of 12 families.\"

01 Jun 2025 12:21 PM

Dream Turns to Devastation: Man Takes Tragic Step After Daughter-in-Law Betrays Trust Abroad

01 Jun 2025 12:18 PM

Punjab boy who served milk,lassi to jawans during Op Sindoor honoured by Army Sarwan Singh Interview

30 May 2025 5:26 PM

Dhirendra Krishna Shastri statement on Suicide of 7 Members Of Dehradun Family

30 May 2025 5:20 PM

Sidhu Moosewala\'s uncle on Balkaur Singh contesting the election.

30 May 2025 11:31 AM
Advertisement