<p>New Delhi: <a href="https://www.deccanherald.com/tags/gold-prices">Gold prices </a>climbed Rs 260 to Rs 99,260 per 10 grams in the national capital on Wednesday amid strong cues in the global markets, according to the All India Sarafa Association.</p>.<p>The yellow metal of 99.5 per cent purity rose Rs 100 to Rs 98,700 per 10 grams (inclusive of all taxes).</p>.<p>"Gold showed a slight positive trend on Wednesday due to persistent uncertainties related to trade, along with economic concerns and geopolitical risks, continue to support the safe-haven appeal of the precious metal," Saumil Gandhi, Senior Analyst of Commodities at HDFC Securities, said.</p>.Gold marginally higher; silver rises Rs 100/ kg.<p>Also, silver rallied by Rs 1,900 to Rs 1,02,100 per kg (inclusive of all taxes) on Wednesday. The metal had closed at Rs 1,00,200 per kg in the previous market session.</p>.<p>On the global front, spot gold went up by USD 9.43 per ounce or 0.28 per cent to USD 3,362.6 per ounce.</p>.<p>In April, central banks added a net total of 12 tonnes of gold to global reserves.</p>.<p>However, the purchasing pace has slowed, 12 per cent lower than the previous month.</p>.<p>Even with the decline in purchases, Gandhi said, central banks are likely to continue adding gold to their reserves.</p>
<p>New Delhi: <a href="https://www.deccanherald.com/tags/gold-prices">Gold prices </a>climbed Rs 260 to Rs 99,260 per 10 grams in the national capital on Wednesday amid strong cues in the global markets, according to the All India Sarafa Association.</p>.<p>The yellow metal of 99.5 per cent purity rose Rs 100 to Rs 98,700 per 10 grams (inclusive of all taxes).</p>.<p>"Gold showed a slight positive trend on Wednesday due to persistent uncertainties related to trade, along with economic concerns and geopolitical risks, continue to support the safe-haven appeal of the precious metal," Saumil Gandhi, Senior Analyst of Commodities at HDFC Securities, said.</p>.Gold marginally higher; silver rises Rs 100/ kg.<p>Also, silver rallied by Rs 1,900 to Rs 1,02,100 per kg (inclusive of all taxes) on Wednesday. The metal had closed at Rs 1,00,200 per kg in the previous market session.</p>.<p>On the global front, spot gold went up by USD 9.43 per ounce or 0.28 per cent to USD 3,362.6 per ounce.</p>.<p>In April, central banks added a net total of 12 tonnes of gold to global reserves.</p>.<p>However, the purchasing pace has slowed, 12 per cent lower than the previous month.</p>.<p>Even with the decline in purchases, Gandhi said, central banks are likely to continue adding gold to their reserves.</p>