INSUBCONTINENT EXCLUSIVE:
Sovereign gold, however, remained unchanged at Rs 25,200 per piece of 8 grams.Gold prices rose by Rs 200 to Rs 32,470 per 10 grams at
bullion market on first day of trade in 2019 amid pick-up in demand, reported news agency Press Trust of India (PTI)
In line with gold, silver too gained Rs 150 to Rs 39,250 per kg on increased demand from industrial units and coin makers
Pick-up in demand helped rally in precious metal, said report citing bullion traders
Gold prices had plunged by Rs 370 on Monday.In Delhi, gold of 99.9 per cent and 99.5 per cent purity went up by Rs 200 each to Rs 32,470 per
10 grams and Rs 32,320 per 10 grams, respectively
Sovereign gold, however, remained unchanged at Rs 25,200 per piece of 8 grams.Globally, gold traded near a more than six-month peak hit
early on Monday but was headed for its first annual decline since 2015, having lost this year to dollar strength due to trade tensions and
rising interest rates by US Federal Reserve, reported news agency Reuters
Spot gold was up 0.1 per cent at $1,281.25 an ounce in intraday trade
It hit its highest since June 15 at $1,284.09 earlier in session.Silver ready advanced by Rs 150 to Rs 39,250 per kg and weekly-based
delivery saw a mild rise of Rs 25 to Rs 38,725 per kg
Silver coins, however, remained unchanged at Rs 76,000 for buying and Rs 77,000 for selling of 100 pieces.In 2018, gold prices jumped by Rs
1,870, or 6.15 per cent, as compared with price of Rs 30,400 per 10 grams on December 30, 2017
