Gold Prices Regain 200 Rupees On Festive Season Buying: 5 Things To Know

INSUBCONTINENT EXCLUSIVE:
Gold, silver prices: Gold prices had shed Rs 70 on Saturday.Gold prices surged by Rs 200 to Rs 32,250 per 10 grams at the bullion market on
Monday, reported news agency Press Trust of India (PTI)
Gold rates rose due to a firm trend overseas as Asian stocks eased due to concerns about a potential decline in China's economic growth amid
an ongoing trade war and signs of tighter monetary policy by the US Federal Reserve, traders said
Besides, increased buying by local jewellers at domestic spot market to meet festive season demand, also fuelled the uptrend
In the national capital, gold of 99.9 per cent and 99.5 per cent purity rebounded by Rs 200 each to Rs 32,250 and Rs 32,100 per 10 grams,
"MCX gold has begun new week with positive sentiments as investment demand has gone up on
Comex gold smoothly sailed above $1,200 as Saudi Arabia is running out of time to explain to the Trump administration what happened to
journalist Jamal Khashoggi within its consulate in Turkey
There is every possibility of rising tensions between the US and Saudi as Saudi also said they would retaliate in case US takes any action
Silver prices also followed suit and recovered by Rs 350 to Rs 39,750 per kg due to increased offtake from industrial units and coin makers