Gold price maintains uptrend on global cues, jewellers’ buying

collected by :kiven Dixter

Globally, gold rose 0.75% to $1,231.50 an ounce and silver by 1.47% to $15.51 an ounce in New York in yesterday's trade. Globally, gold rose 0.75% to $1,231.50 an ounce and silver by 1.47% to $15.51 an ounce in New York in yesterday's trade. Increased buying by local jewellers at the domestic spot market too supported the upmove, they said. In the national capital, gold of 99.9% and 99.5% purity advanced by ₹130 each to ₹30,970 and ₹30,820 per 10 grams, respectively. "Price action suggests that the RBI intervened via state banks and that has helped the rupee recover", the Bloomberg report added.

Gold price falls on sluggish demand, weak global cues

Globally, gold fell 0.47% to $1,241 an ounce and silver by 0.88% to $15.79 an ounce in New York on Friday. Photo: MintNew Delhi: Gold price fell by ₹25 to ₹31,090 per 10 gram in tandem with a weak global trend and muted demand from local jewellers, reported PTI. Globally, gold fell 0.47% to $1,241 an ounce and silver by 0.88% to $15.79 an ounce in New York yesterday. In the national capital, gold of 99.9% and 99.5% purity fell by ₹25 each to ₹31,090 and ₹30,940 per ten gram, respectively. In sync with gold, silver ready traded lower by ₹115 to ₹39,915 per kg and weekly-based delivery by ₹220 to ₹39,045 per kg.

Gold price today: A fall of Rs 190 on global cues

according to New Delhi, July 27: Gold prices went down by Rs 190 to Rs 30,740 per 10 grams at the bullion market today, tracking a weak trend overseas amid fall in demand from the local jewellers. Silver followed suit and slipped by Rs 230 to Rs 39,200 per kg due to reduced offtake by industrial units and coin makers. In the national capital, gold of 99.9 per cent and 99.5 per cent purity plunged by Rs 190 each to Rs 30,740 and Rs 30,590 per 10 grams, respectively. In step with gold, silver ready fell by Rs 230 to Rs 39,200 per kg and weekly-based delivery by Rs 340 to Rs 38,195 per kg. Silver coins, however, remained unaltered at Rs 74,000 for buying and Rs 75,000 for selling of 100 pieces.