New Delhi: Gold prices advanced by Rs 30 to
Rs 30,650 per 10 grams at the bullion market following firm a
trend overseas along with increased buying by local jewellers.
Silver followed suit and gained Rs 120 to Rs 39,800 per
kg due to pick up in demand from industrial units and coin
makers.
Traders said sentiment remained firm on the back positive
global cues as the weakness in dollar boosted demand for the
precious metals as a safe haven.
Globally, gold rose 0.54 per cent to USD 1,329.10 an
ounce and silver by 0.77 per cent to USD 17.09 an ounce in
Singapore.
In the national capital, gold of 99.9 per cent and 99.5
per cent purity edged up by another Rs 30 each to Rs 30,650
and Rs 30,500 per ten grams respectively. The precious metal
had gained Rs 145 yesterday.
Sovereign, however, remained unaltered at Rs 24,700 per
piece of eight grams in limited deals.
Silver ready rose further by Rs 120 to Rs 39,800 per kg
and weekly-based delivery by Rs 90 to Rs 39,080 per kg.
Silver coins, however, held steady at Rs 73,000 for
buying and Rs 74,000 for selling of 100 pieces.
PTI
