Gold Prices Surge After 4-Day Fall: 5 Things To Know

according to Gold Price: Sovereign gold, however, remained flat at Rs 24,800 per piece of eight grams. However, silver remained under selling pressure and slipped below the Rs 40,000-mark by plunging Rs 390 to Rs 39,910 per kg. Traders said sentiment bolstered after gold prices rose to a one-week high in global markets, rebounding from a seven-month low touched in the previous session, as a softer US dollar stoked demand for the yellow metal. Here are key things to know about gold and silver prices today:1. Silver coins, however, maintained a steady trend at Rs 75,000 for buying and Rs 76,000 for selling of 100 pieces.


Gold Prices Continue Slight Recovery, Silver Jumps: 5 Things To Know

Gold price today: The rate in Delhi went by a cumulative Rs 40 in two daysDomestic gold prices extended their slight recovery to a second straight day, in line with the international market. With a gain of Rs 15 per 10 grams on Friday, gold prices in Delhi made a total recovery of Rs 40 in two days. A pick-up in demand at the local spot market and a firm trend in gold prices overseas - backed by a strengthening dollar - supported domestic gold prices, say traders. Globally, gold prices edged up from a one-year low registered in the previous session, as the US dollar eased from its highest in a year. Spot gold was up 0.1 percent at $1,223.71 an ounce at 4:16 pm, reported news agency Reuters.

Gold Prices Continue Slight Recovery, Silver Jumps: 5 Things To Know

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