Gold rises on jewellers’ buying

In the international market, gold was trading lower at $1,289.83 an ounce and silver at $15.10 an ounce in New York.

: IJ News Service
02 April 2019 10:43 AM
Reference: 11700

Gold prices on Monday advanced by ₹85 to ₹32,820 per 10 gram in the national capital on increased buying by jewellers, according to the All India Sarafa Association. Silver, however, declined marginally by ₹20 to ₹38,580 per kg.

Traders said gold prices saw an uptrend due to rise in domestic demand, though a weak trend overseas capped the gains. In the international market, gold was trading lower at $1,289.83 an ounce and silver at $15.10 an ounce in New York.

In the national capital, gold of 99.9% and 99.5% purity rose by ₹85 to ₹32,820 and ₹32,650 per 10 gram, respectively. On Saturday, gold stood at ₹32,735 per 10 gram. Sovereign gold, however, remained unchanged at ₹26,400 per eight gram. Silver ready fell by ₹20 to ₹38,580 per kg and weekly-based delivery declined ₹311 to ₹37,450 per kg.

Silver coins were unchanged at ₹80,000 for buying and ₹81,000 for selling of 100 pieces.

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