GET Stock QuotesNews18 APP
News18 English
»
1-min read

Gold Tops Rs 32,000 on Jewellers' Buying, Firm Global Cues

Traders said increased buying by local jewellers to meet retailers' demand at domestic spot market and a firm trend overseas kept gold prices higher.

PTI

Updated:June 9, 2018, 3:21 PM IST
facebookTwittergoogleskypewhatsapp
Gold Tops Rs 32,000 on Jewellers' Buying, Firm Global Cues
Representative image.(Photo: Reuters/Sivaram V)
Loading...
New Delhi: Gold recaptured the Rs 32,000-level by gaining Rs 100 to trade at Rs 32,050 per 10 gram at the bullion market today, extending its rising streak to the fourth straight day on persistent buying by local jewellers amid firm trend overseas.

Silver also strengthened by Rs 100 to Rs 41,100 per kg, backed by increased offtake by industrial units and coin makers.

Traders said increased buying by local jewellers to meet retailers' demand at domestic spot market and a firm trend overseas kept gold prices higher.

Globally, gold rose by 0.17 per cent to USD 1,299 an ounce and silver by 0.60 per cent to USD 16.77 an ounce in New York in yesterday's trade.

In the national capital, gold of 99.9 per cent and 99.5 per cent purity rose further Rs 100 each to Rs 32,050 and Rs 31,900 per ten gram, respectively. It had gained Rs 350 in the previous three sessions.

Sovereign gold, however, held steady at Rs 24,800 per piece of eight gram.

In step with gold, silver ready advanced by Rs 100 to Rs 41,100 and weekly-based delivery by Rs 40 to Rs 40,410 per kg.

Silver coins, however, remained flat at Rs 76,000 for buying and Rs 77,000 for selling of 100 pieces.
| Edited by: Huma Tabassum
Read full article
Loading...
Next Story
Next Story

Also Watch

facebookTwittergoogleskypewhatsapp
Most Active
Company Price Change %Gain
Reliance 1,101.30 -4.34
Indiabulls Hsg 653.80 -17.10
Dewan Housing 210.55 -10.75
Yes Bank 217.90 -6.04
Bajaj Finance 2,140.50 -0.47
Company Price Change %Gain
Sudarshan Chem 385.05 2.64
Indiabulls Hsg 654.25 -17.06
Reliance 1,101.65 -4.11
Dewan Housing 211.80 -10.37
Yes Bank 217.70 -6.06
Top Gainers
Company Price Change %Gain
HPCL 215.90 4.15
Sun Pharma 609.95 2.78
Kotak Mahindra 1,198.95 1.95
Bharti Infratel 264.45 1.71
Vedanta 211.10 1.51
Company Price Change %Gain
Sun Pharma 608.40 2.52
Kotak Mahindra 1,199.55 1.83
Vedanta 211.15 1.51
HUL 1,579.20 1.16
ITC 288.45 0.73
Top Losers
Company Price Change %Gain
Indiabulls Hsg 653.80 -17.10
HCL Tech 958.50 -6.42
Yes Bank 217.90 -6.04
HDFC 1,660.25 -4.46
Reliance 1,101.30 -4.34
Company Price Change %Gain
Yes Bank 217.70 -6.06
HDFC 1,661.30 -4.32
Reliance 1,101.65 -4.11
Hero Motocorp 2,711.00 -3.70
Infosys 682.60 -3.11

Live TV

Loading...
Loading...