Gold up 1.7% in Mumbai as north India opens up its jewellery stores

Retailes in Delhi NCR fix non-hallmarked buying price at Rs 36,000 per 10 grams

Jewellery stores in north India have decided to keep the buying rate for 22-carat non-hallmarked jewellery a shade above Rs 36,000 per 10 gram, subject to further deductions in case of extra impurities. This even as the price of standard gold in the city jumped 1.7 per cent to close at  Rs 47,669 per 10 gram. 

The price of silver, too, surged 6.9 per cent to close at  Rs 48,120 per kg. Gold and silver became costlier in the country following the international price rise over the expectations of negative interest rates in the US, the rising trade tensions between the