Press Esc to close
Tuesday 28 June 2016
News updated at 3:18 AM IST
Weather
Max: 27.5°C
Min : 19.4°C
In Bengaluru
Generally cloudy

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
People carry an effigy representing inflation devil on a camel-cart during a demonstration...

People carry an effigy representing inflation devil on a camel-cart during a demonstration...

A car wades through a water logged lane at Jayadev Bihar after heavy monsoon rains in Bhubaneswar...

A car wades through a water logged lane at Jayadev Bihar after heavy monsoon rains in Bhubaneswar...

A sadhu at a base camp for Amarnath Yatra ahead of their registration in Jammu...

A sadhu at a base camp for Amarnath Yatra ahead of their registration in Jammu...

The titular head of Wodeyar dynasty Yaduveer Krishnadatta Chamaraja Wodeyar and Trishika Kumari...

The titular head of Wodeyar dynasty Yaduveer Krishnadatta Chamaraja Wodeyar and Trishika Kumari...

A white tiger takes bath in a pond during a hot summer day at its enclosure in Kolkata Zoo...

A white tiger takes bath in a pond during a hot summer day at its enclosure in Kolkata Zoo...

An artiste gives finishing touches to an idol of Goddess Durga for upcoming Durga Puja...

An artiste gives finishing touches to an idol of Goddess Durga for upcoming Durga Puja...

Collapsed tents at BJP Awadh Kshetriya Booth Sammelan following the storm, in Barabanki...

Collapsed tents at BJP Awadh Kshetriya Booth Sammelan following the storm, in Barabanki...

Women Kabaddi players who will take part in the Women's Kabaddi Challenge, at a press conference...

Women Kabaddi players who will take part in the Women's Kabaddi Challenge, at a press conference...

People enjoy the rainy weather on a beach along the Arabian Sea in Mumbai...

People enjoy the rainy weather on a beach along the Arabian Sea in Mumbai...

The underconstruction Bogibeel Bridge over the mighty Brahmaputra River in Dibrugarh district....

The underconstruction Bogibeel Bridge over the mighty Brahmaputra River in Dibrugarh district....

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