Gold Prices Gain On Strong Global Cues: 5 Things to Know

INSUBCONTINENT EXCLUSIVE:
Sovereign gold held steady at Rs 26,400 per eight grams.Gold prices on Monday surged by Rs 200 to Rs 32,870 per 10 grams on fresh buying by
local jewellers amid positive trend overseas, reported news agency Press Trust of India (PTI) quoting the All India Sarafa Association
Silver, however, declined by Rs 30 to Rs 38,570 per kg on reduced offtake by industrial units and coin makers
Gold surged on the back of a firm trend overseas as higher crude rates amid escalating tensions between the US and Iran, made bullion
attractive as a safe-haven investment, said the report citing traders.Here are 5 things to know about gold, silver prices:1
Globally, gold inched up on Monday, moving away from a near 4-month trough touched in the previous session, drawing support from a drop in
equities and a jump in crude oil prices, reported news agency Reuters.2
Spot gold was up 0.3 per cent at $1,278.74 per ounce, in intraday trade having touched $1,270.63 in the previous session - its lowest since
In Delhi, gold of 99.9 per cent and 99.5 per cent purity gained Rs 200 to Rs 32,870 and Rs 32,700 per 10 grams, respectively
On Saturday, the yellow metal shed Rs 20 to touch Rs 32,670 per 10 grams.4
Rs 80,000 for buying and Rs 81,000 for selling of 100 pieces.(With agency inputs)Get the latest election news, live updates and election
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