Gold Prices Extend Gains To Second Day: 5 Things To Know

collected by :kiven Dixter

Sovereign gold, however, remained flat at Rs 24,700 per piece of eight grams. However, silver eased by Rs 50 to Rs 39,430 per kg due to reduced offtake by industrial units and coin makers. Traders said apart from a firm trend overseas, sustained buying by local jewellers at the domestic spot market, kept gold prices higher. Here are five things to know about gold and silver prices today:1. Spot gold slipped 0.2 per cent to $1,228.33 per ounce, after it rose 0.6 per cent on Wednesday.

Gold Prices Gain For Second Straight Day: 5 Things To Know

Sovereign gold, however, remained flat at Rs 24,600 per piece of eight gramsHighlights Globally, gold rose 0.51 per cent to $1,213.30 an ounce. Here are five things to know about gold prices, silver rates today:1. Globally, gold rose 0.51 per cent to $1,213.30 an ounce and silver gained 0.62 per cent to $15.38 an ounce in New York in yesterday's trade. In Delhi, gold of 99.9 per cent and 99.5 per cent purity rose Rs 65 each to Rs 30,550 and Rs 30,400 per 10 grams, respectively. In sync with gold, silver ready bounced back by Rs 250 to Rs 39,100 per kg and weekly-based delivery by Rs 280 to Rs 38,070 per kg.

Gold Prices Fall For Second Straight Day: 5 Things To Know

as declared in However, silver held steady at Rs 39,200 per kg on scattered deals from industrial units and coin makers. Marketmen said, apart from a weak trend overseas, fall in demand from local jewellers and retailers at domestic spot market, mainly kept pressure on the gold prices. Here are five things to know about gold prices, silver rates today:1. Spot gold was steady at $1,223.14 per ounce, compared with a one-year low of $1,211.08 hit earlier this month. In Delhi, gold of 99.9 per cent and 99.5 per cent purity lost Rs 100 each at Rs 30,650 and Rs 30,500 per 10 grams, respectively.