Gold rose by Rs 240 at Rs 13,400 per 10 gram in the national capital backed by brisk buying by stockists influenced by a firming overseas trend. The silver surged Rs 550 at Rs 18,350 per kg. The standard gold and ornaments grew by Rs 240 at Rs 13,400 and Rs 13,250 per 10 gram respectively. The sovereign was up by Rs 25 at Rs 10,750 per piece of eight gram. In line with this, the silver ready spurted by Rs 550 at Rs 18,350 per kg and weekly-based delivery by Rs 700 at Rs 18,360 per kg. Also, the silver coins rose by Rs 200 at Rs 27,000 for buying and Rs 27,100 for selling of 100 pieces.
The prices of the precious metals grew after the dollar-priced metals recorded handsome gains in the New York as the US currency fell sharply against the euro. The overseas trend witnessed that on the New York Exchange, the gold spurting nearly four per cent at $840.30 an ounce. Marketmen said an overnight surge in global bullion market attributed to the current rise in prices of gold while the physical buying was negligible.
The prices of the precious metals grew after the dollar-priced metals recorded handsome gains in the New York as the US currency fell sharply against the euro. The overseas trend witnessed that on the New York Exchange, the gold spurting nearly four per cent at $840.30 an ounce. Marketmen said an overnight surge in global bullion market attributed to the current rise in prices of gold while the physical buying was negligible.
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