Press Esc to close
Saturday 25 October 2014
News updated at 8:46 PM IST
Weather
Max: 27°C
Min : 19.2°C
In Bangalore
Generally cloudy

Gold prices hit another new high of Rs 32,975/10 gms

New Delhi, Nov 27, 2012 (PTI):
File photo

Gold prices today surpassed all previous highs to set new record of Rs 32,975 per 10 grams here on demand from retailers for the peak marriage season.

Gold of 99.9 and 99.5 per cent purity advanced by Rs 25 each to Rs 32,975 and Rs 32,775 per 10 grams, respectively in bullion market here. Sovereigns rose by Rs 50 to Rs 25,700 per piece of eight grams.

The yelow metal had touched an all-time high of Rs 32,950 per 10 grams yesterday.


Gold prices have gained Rs 575 in the last five trading sessions.

Prices in Mumbai, however, lost Rs 140 to Rs 32,500 per 10 grams. In Kolkata too, it fell by Rs 115 to Rs 32,885. Similarly, prices fell by Rs 100 to Rs 32715 per 10 grams in Chennai.

Traders said gold prices improved on increased demand in view of the ongoing marriage season and lifted the prices to another record high.

A firming global trend further supported the prices, they said.

Global prices, which normally sets the price trend on the domestic front, advanced 0.2 per cent to USD 1,751.80 an ounce in Singapore.

In London too, gold added 77 cents to USD 1,749.42 an ounce.

Similarly in futures trade, the precious metal prices rose by Rs 54 to Rs 32,797 per 10 grams as speculators enlarged their positions, taking positive cues from overseas market.

Go to Top

Photo Gallery
Mrs. Komal Kalra Pagarani who is all set to represent India...

Mrs. Komal Kalra Pagarani who is all set to represent India...

Fire at Balaji Studio Killick Nixon Studios in Mumbai...

Fire at Balaji Studio Killick Nixon Studios in Mumbai...

Sikh religious warriors, display their horse-riding skills at an event organized to celebrate...

Sikh religious warriors, display their horse-riding skills at an event organized to celebrate...

Bollywood actor Shatrughan Sinha with his family during Amitabh Bachchan's Diwali party in Mumbai..

Bollywood actor Shatrughan Sinha with his family during Amitabh Bachchan's Diwali party in Mumbai..

Sachin Tendulkar and his wife Anjali with Abhishek Bachchan during Bachchans' Diwali party...

Sachin Tendulkar and his wife Anjali with Abhishek Bachchan during Bachchans' Diwali party...

Narendra Modi clicks photographs during the Diwali Mangal Milan programme at BJP headquarters...

Narendra Modi clicks photographs during the Diwali Mangal Milan programme at BJP headquarters...

Nitin Gadkari leaves after meeting RSS Chief Mohan Bhagwat at RSS headquarters in Nagpur...

Nitin Gadkari leaves after meeting RSS Chief Mohan Bhagwat at RSS headquarters in Nagpur...

Brother & Sister take holy dip in river Yamuna on the occasion of Bhai Dooj...

Brother & Sister take holy dip in river Yamuna on the occasion of Bhai Dooj...

Dhoni talks to Hockey India player Ashunta Lakra during launch of hockey team in Ranchi...

Dhoni talks to Hockey India player Ashunta Lakra during launch of hockey team in Ranchi...

Brother of Thailand's Prime Minister Payap Shinawatra takes part in Robe...

Brother of Thailand's Prime Minister Payap Shinawatra takes part in Robe...

Copyright 2014, The Printers (Mysore) Private Ltd., 75, M.G Road, Post Box 5331, Bangalore - 560001
Tel: +91 (80) 25880000 Fax No. +91 (80) 25880523