Business Standard

Gold shines, silver rebounds on firm global cues


Press Trust of India Mumbai
Gold prices rose by Rs 105 to Rs 30,545 per 10 grams at the bullion market here today following good investor offtake as well as local buying interest amid bullish global cues.
Silver prices, too, went up by Rs 135 per kg on increased offtake by industrial units.
Standard gold (99.5 per cent purity) moved up by Rs 105 to end at Rs 30,545 per 10 grams from Tuesday's level of Rs 30,440.
Pure gold (99.9 per cent purity) also rose by a similar margin to close at Rs 30,695 per 10 grams against Rs 30,590 earlier.
Silver (.999 fineness) rose by Rs 135 to end at Rs 39,625 per kg as against Rs 39,490 previously.
Globally, gold prices slipped to a new six-month low as the dollar strengthened, making bullion more expensive for buyers using other currencies.
Spot gold was down by 0.1 per cent at USD 1,257.99 an ounce in early trade.
In other precious metals, spot silver was down by 0.3 per cent at USD 16.20 an ounce.

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First Published: Jun 27 2018 | 6:12 PM IST

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