INSUBCONTINENT EXCLUSIVE:
The precious metal had traded at Rs 32,450 per 10 gram on May 15.Gold prices spurted by Rs 150 to trade at this year's high of Rs 32,500 per
10 grams at the bullion market on Wednesday on persistent buying by local jewellers amid a firm trend overseas, reported news agency Press
Silver, however, shed Rs 20 to Rs 39,730 per kg owing to reduced offtake by industrial units
Traders said increased buying by local jewellers to meet festive and wedding season demand and a firm trend overseas mainly lifted gold
In the national capital, gold of 99.9 per cent and 99.5 per cent purity advanced by Rs 150 each to Rs 32,500 and Rs 32,350 per 10 grams,
respectively, its highest level this year
The yellow metal had gained Rs 130 on Tuesday
The precious metal had traded at Rs 32,450 per 10 gram on May 15
Globally, gold prices nudged up on Wednesday after hitting their highest in over three months in the previous session, with international
political and economic uncertainty underpinning safe-haven demand for the metal, reported news agency Reuters
Spot gold was up 0.1 percent at $1,231.27 an ounce in the intraday trade
On Tuesday, it touched its highest since July 17 at $1,239.68.3
"COMEX Gold edged up near three-month high amid good safe haven buying
Global stocks extended declines as diplomatic tensions in Saudi Arabia, concerns over Italy's Budget and ongoing Brexit talks all depressed
