INSUBCONTINENT EXCLUSIVE:
However, sovereign gold held steady at Rs 26,400 per piece of eight grams.Snapping the four-day losing streak, gold prices on Tuesday surged
by Rs 170 to Rs 32,790 per 10 grams on increased buying from local jewellers, reported news agency Press Trust of India (PTI) quoting the
All India Sarafa Association
Silver too followed suit by gaining Rs 250 to Rs 38,350 per kg on more offtake by industrial units and coin makers
Rise in demand from local jewellers led to the uptick in gold prices though a weak trend overseas capped the gains, said the PTI report
Globally, gold prices slipped for a fourth straight session on Tuesday as recent upbeat economic data and signs that Washington and Beijing
Spot gold was down 0.2 per cent at $1,284.98 per ounce, in intraday trade
In the previous session, the bullion dropped to $1,281.96
US gold futures shed about 0.3 percent at $1,287.60 an ounce.3
In Delhi, gold of 99.9 per cent and 99.5 per cent purities gained by Rs 170 each to Rs 32,790 and Rs 32,620 per 10 grams, respectively
In the last four trading sessions, gold prices have declined by Rs 450.4
silver coins held flat at Rs 80,000 for buying and Rs 81,000 for selling of 100 pieces.(With agency inputs)Get the latest election news,
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