Press Esc to close
Sunday 23 November 2014
News updated at 5:31 PM IST
Weather
Max: 0°C
Min : 0°C
In Bengaluru
Sunny day

Gold, silver rebound

New Delhi, Dec 22, 2012, PTI:

Both the precious metals, gold and silver, recovered on Saturday on buying by stockists and retailers at existing lower levels amid a firm global trend.

While gold climbed by Rs 160 to Rs 31,030 per 10 gm, silver rose Rs 1,050 to Rs 58,800 per kg. Silver coins also spurted by Rs 3,000 to Rs 80,000 for buying and Rs 81,000 for selling of 100 pieces.

The sentiment turned better after gold in global markets gained as an impasse in US budget talks boosted demand for the metal as an investment haven.


Gold in New York, which normally sets the price trend on the domestic front, advanced 0.9 per cent to $1,660.10 an ounce and silver by 1.8 per cent to $30.20 an ounce.

On the domestic front, gold of 99.9 and 99.5 per cent purity recovered by Rs 160 each to Rs 31,030 and Rs 30,830 per 10 gm, respectively. Sovereigns followed suit and rose by Rs 50 to Rs 25,450 per piece of 8 gm.

Go to Top

Photo Gallery
Elderly women take part in Tug-of War during annual month long sports competition...

Elderly women take part in Tug-of War during annual month long sports competition...

A tigress in a playfull mood at the Maharajbag Zoo in Nagpur, Maharashtra...

A tigress in a playfull mood at the Maharajbag Zoo in Nagpur, Maharashtra...

Indian Air Force (IAF) Sukhoi Su-30 fighter aircrafts make a formation in the shape...

Indian Air Force (IAF) Sukhoi Su-30 fighter aircrafts make a formation in the shape...

Players during the 3rd day of IBSF World Snooker Championship in Bengaluru...

Players during the 3rd day of IBSF World Snooker Championship in Bengaluru...

Interim President, BCCI Shivlal Yadav felicitates Indian cricketer Rohit Sharma at the BCCI...

Interim President, BCCI Shivlal Yadav felicitates Indian cricketer Rohit Sharma at the BCCI...

Migratory birds arrive to make nest at tree at Islampur in Birbhum district of West Bengal...

Migratory birds arrive to make nest at tree at Islampur in Birbhum district of West Bengal...

Decommissioned warship, INS Vikrant being wrecked at Darukhana ship breaking yard in Mumbai...

Decommissioned warship, INS Vikrant being wrecked at Darukhana ship breaking yard in Mumbai...

Indian Air Force (IAF) helicopters make a formation during a parade for presentation...

Indian Air Force (IAF) helicopters make a formation during a parade for presentation...

Indian Coast Guard launching Interceptor Boat c-416 at Hazira, Surat...

Indian Coast Guard launching Interceptor Boat c-416 at Hazira, Surat...

Arun Jaitley with Mega actors Amitabh Bachchan and Rajinikanth...

Arun Jaitley with Mega actors Amitabh Bachchan and Rajinikanth...

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