Gold climbs on global cues, silver soften

Image
Press Trust of India Mumbai
Last Updated : Nov 09 2017 | 6:22 PM IST
Gold prices advanced further by Rs 95 per 10 grams at the bullion market here today, amid a firm overseas trend and buying by jewellery retailers.
Elsewhere, silver almost ended flat owing to lower demand from consuming industries.
Standard gold (99.5 purity) advanced by Rs 95 to end at Rs 29,480 per 10 grams from Wednesday's level of Rs 29,385.
Pure gold (99.9 purity) also rose by a similar margin to conclude at Rs 29,630 per 10 grams from Rs 29,535.
Silver (.999 fineness) fell by Rs 5 per kg to finish at Rs 39,575 compared to Rs 39,580 previously.
Globally, Gold prices rose, extending gains on the back of a softer dollar.
Spot gold was up 0.3 per cent at USD 1,285 per ounce at early trade, yesterday it touched a three-week high of USD 1,287.13 an ounce.
Meanwhile, silver rose 0.3 per cent at USD 17.06 an ounce.

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Nov 09 2017 | 6:22 PM IST

Next Story