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Gold dearer by Rs 160 per gram, Silver crosses Rs 39,000 per kg

A shaky dollar and domestic demand gave the precious metals some traction among investors

Press Trust of India  |  New Delhi 

Riding on the tailwinds of global cues and domestic buying, gold prices increased by Rs 160 to Rs 28,760 per 10 grams today. Silver too was back on the top of the Rs 39,000 level as it surged Rs 400 to Rs 39,300 per kg, spurred by higher buying by industrial units and coin makers. According to traders, a shaky dollar gave the precious metals some traction among investors, which too found support from local jewellers at the domestic market. Globally, gold rose by 0.51 per cent to $1,243 an ounce and silver by 0.03 per cent to $16.84 in Singapore. In the national capital, gold of ...

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First Published: Wed, May 17 2017. 16:23 IST
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