In Europe, gold prices rose to their highest in two weeks as the dollar and US bond yields declined following weaker than expected economic data.
Silver also recovered smartly due to heavy speculative buying.
Standard gold (99.5 purity) rose by 125 per ten grams to end at Rs 27,695 from the previous closing level of Rs 27,570.
Pure gold (99.9 purity) also rallied by a similar margin to finish at Rs 27,845 from Rs 27,720 per 10 grams.
In London, Spot gold gained 0.4 per cent in early trade at USD 1,146.16 an ounce. While, spot silver rose 0.8 per cent at USD 16.10 an ounce.
Disclaimer: No Business Standard Journalist was involved in creation of this content
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →*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
SAVE 25%