INSUBCONTINENT EXCLUSIVE:
Sovereign gold, however, remained flat at Rs 24,700 per piece of 8 grams.Gold prices on Tuesday jumped by Rs 130 to Rs 32,350 per 10 grams
at the bullion market on increased buying by local jewellers amid positive global trends, reported news agency Press Trust of India
Silver also rallied by Rs 250 to Rs 39,750 per kg backed by increased offtake by industrial units and coin makers, it further said
Traders said apart from a firm trend overseas, fresh buying by local jewellers at domestic spot market led to the recovery in gold prices
Globally, gold prices edged higher on Tuesday as Asian stocks faltered, weighed down by political tensions between Saudi Arabia and Western
powers, uncertainties around Brexit and Italy's budgetary woes, reported news agency Reuters
Spot gold was up 0.2 per cent at $1,223.66 an ounce in the intraday trade
US gold futures rose 0.2 per cent to $1,226.5 an ounce.2
In the national capital, gold of 99.9 per cent and 99.5 per cent purity rose by Rs 130 each to Rs 32,350 and Rs 32,200 per 10 grams,
Silver coins, however, continued to be traded at previous level of Rs 75,000 for buying and Rs 76,000 for selling of 100 pieces.(With agency
