Gold remained unchanged at Rs 15,700 per 10 gram as retailers and stockists renounced buying at record high levels with the reports that metal remain high on the abroad. However, silver coins went up in New Delhi on sustained buying by stockists on the marriage season. Marketmen said there people postponed their decision of buying for the current marriage season.
In the overseas markets, gold recorded a moderate fall last evening before recovering to unchanged levels of 984 dollar an ounce. While gold in overseas markets jumped to its highest in seven months at 988.40 dollar an ounce, the metal rose to a record of Rs 15,800, a level never seen before.
Traders said there was some token buying of silver coins in this marriage season for gifting purpose, which kept prices rising. Silver coins rose further by Rs 100 to Rs 28,700 for buying and Rs 28,800 for selling of 100 pieces.Silver ready edged up Rs 20 to Rs 22,520 per kg. However, silver weekly-based delivery fell by Rs 80 to Rs 22,920 per kg on lack of support from speculators. Standard gold and ornaments were unchanged at Rs 15,700 and Rs 15,550 per 10 gram, respectively. Sovereign also remained at Rs 12,300 per piece of eight gram.
In the overseas markets, gold recorded a moderate fall last evening before recovering to unchanged levels of 984 dollar an ounce. While gold in overseas markets jumped to its highest in seven months at 988.40 dollar an ounce, the metal rose to a record of Rs 15,800, a level never seen before.
Traders said there was some token buying of silver coins in this marriage season for gifting purpose, which kept prices rising. Silver coins rose further by Rs 100 to Rs 28,700 for buying and Rs 28,800 for selling of 100 pieces.Silver ready edged up Rs 20 to Rs 22,520 per kg. However, silver weekly-based delivery fell by Rs 80 to Rs 22,920 per kg on lack of support from speculators. Standard gold and ornaments were unchanged at Rs 15,700 and Rs 15,550 per 10 gram, respectively. Sovereign also remained at Rs 12,300 per piece of eight gram.
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