Gold selling at record 18.8K/10gm

Standard gold and ornaments were being traded at the record price of Rs 18,810 and Rs 18,660 per ten gram, respectively. However, a sovereign lost Rs 50 to 14,550 per piece of eight gram on lack of buying support.

Marketmen said restricted buying activity at the existing rates kept gold prices stable at Wednesday’s record level. The price of silver, on the other hand, rose further by Rs 150 to Rs 29,700 per kg on sustained buying by industrial units and jewellery fabricators.

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