Gold prices recovered by Rs 190 to Rs 31,100 per 10 grams at the bullion market here today on scattered buying by local jewellers and retailers, amid firm global cues.
In the national capital, gold of 99.9 per cent and 99.5 per cent purity rose by Rs 5 each to Rs 31,880 and Rs 31,730 per 10 grams, respectively.
Amid a weak trend overseas, silver prices drifted lower by 0.35 per cent to Rs 40,247 per kg in futures trading today as speculators reduced their holdings.
Gold prices declined by Rs 35 to Rs 30,910 per 10 grams at the domestic bullion market here today amid a weak trend overseas and fall in demand from local jewellers.
Gold marked a new low for the year after Mnuchin’s declaration that a trade war between China and the US was “on hold” helped boost appetite for higher risk assets such as stocks and the dollar.
In the national capital, gold of 99.9 per cent and 99.5 per cent purity declined by Rs 75 each to Rs 31,875 and Rs 31,725 per 10 grams respectively.
Amid a weak trend overseas, silver prices dropped by 0.42 per cent to Rs 40,025 per kg in futures trade today as speculators cut down holdings.
Gold prices cracked below the Rs 32,000-mark by plunging Rs 450 to end at Rs 31,950 per 10 grams at the bullion market during the week.
Gold prices softened by Rs 40 to Rs 31,950 per ten grams at the bullion market today owing to slackened demand from local jewellers even as the metal strengthened overseas.
Gold prices recovered by Rs 115 to Rs 30,945 per ten grams at the bullion market here due to fresh demand from stockists and retailers despite bearish global cues.
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