INSUBCONTINENT EXCLUSIVE:
Increased buying by local jewellers at domestic spot market also supported the uptrend.Snapping two-day slide, gold prices on Friday trimmed
higher by Rs 15 to Rs 31,585 per 10 grams at the bullion market
Firm trend overseas, coupled with pick-up in buying by the local jewelers led to the rise in gold prices today
Globally, gold rose by 0.09 per cent to $1,268 an ounce in Singapore
On the other hand, silver ready sunked by Rs 250 to Rs 40,750 per kg, below the Rs 41,000-mark, due to reduced offtake by industrial units
According to traders, the recovery in gold prices was due to firm trend overseas
The precious metals traded higher, after hitting a six-month trough in the previous session, as the US dollar pulled back from a 11-month
In the national capital, gold of 99.9 per cent and 99.5 per cent purity edged up by Rs 15 each to Rs 31,585 and Rs 31,435 per 10 grams,
On the other hand, silver ready fell by Rs 250 to Rs 40,750 per kg, while weekly-based delivery traded higher by Rs 105 to Rs 39,595 per kg
On Thursday, gold prices tumbled Rs
