Gold prices rise on account of Jeweller’s buying
Prices of the yellow metal rose by Rs 110 to Rs 33,730 per 10 gram in the national capital
According to All India Sarafa Association, fresh buying from jewellers led to an increase of Rs 110 to Rs 33,730 per 10 gram in New Delhi. experts revealed that although the prices rose in the domestic spot market, it was closely monitored by the weak trend overseas. In the national capital, gold of 99.9 per cent and 99.5 per cent purity surged by Rs 110 each to Rs 33,730 per 10 gram and Rs 33,560 per 10 gram, respectively.
After the US withdrew its threat to impose traffic on Mexico, gold prices lost its safe haven appeal easing global trade war concerns. In New York, bullion traded at USD 1,327 per ounce.