Press Esc to close
Monday 01 September 2014
News updated at 4:34 PM IST
Weather
Max: 27.4°C
Min : 19.4°C
In Bangalore
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
Vehicles ply on a waterlogged road after heavy rains in Bhopal on...

Vehicles ply on a waterlogged road after heavy rains in Bhopal on...

Amitabh, Aishwarya and Abhishek Bachchan visit Lalbagucha Raja Mandal at Lalbaug in Mumbai on...

Amitabh, Aishwarya and Abhishek Bachchan visit Lalbagucha Raja Mandal at Lalbaug in Mumbai on...

Rabbi Moshe Gourarie from New Jersey looks at a wall riddled with bullet marks from the 2008...

Rabbi Moshe Gourarie from New Jersey looks at a wall riddled with bullet marks from the 2008...

Childrens walks with an umbrella as it rains at Rajpath in New Delhi on Sunday....

Childrens walks with an umbrella as it rains at Rajpath in New Delhi on Sunday....

Bollywood actor Hrithik Roshan with father Rakesh Roshan and others participates in a procession...

Bollywood actor Hrithik Roshan with father Rakesh Roshan and others participates in a procession...

Devotees immerse idols of Ganesha into a lake in Thane , Mumbai on Saturday.

Devotees immerse idols of Ganesha into a lake in Thane , Mumbai on Saturday.

Prime Minister Narendra Modi during his visit to the Golden Pavillion Temple in Kyoto, Japan on...

Prime Minister Narendra Modi during his visit to the Golden Pavillion Temple in Kyoto, Japan on...

Bollywood actor Amisha Patel and family members participates in a procession for the immersion...

Bollywood actor Amisha Patel and family members participates in a procession for the immersion...

Prime Minister Narendra Modi during a meeting with CEO of Nidec Corporation, Shigenobu Nagamari...

Prime Minister Narendra Modi during a meeting with CEO of Nidec Corporation, Shigenobu Nagamari...

Prime Minister Narendra Modi during a meeting with Kyoto Mayor Daisaku Kadokawa in Kyoto, Japan...

Prime Minister Narendra Modi during a meeting with Kyoto Mayor Daisaku Kadokawa in Kyoto, Japan...

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