Home Market Gold prices gain Rs 35 to Rs 33,095 per 10 gram

Gold prices gain Rs 35 to Rs 33,095 per 10 gram

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New Delhi: Gold prices gained Rs 35 to Rs 33,095 per 10 gram Thursday, breaking its two-day fall, on account of increased domestic demand, shrugging off a weak global trend, according to the All India Sarafa Association.

Silver, however, dropped Rs 270 to Rs 38,850 per kg amid lower demand from industrial units and coin makers.

Bullion traders attributed the bounce back in gold prices to rise in domestic demand but a weak trend in the international market restricted the gains.

Globally, gold was trading at USD 1,310.78 an ounce and silver at USD 15.32 an ounce in New York. The yellow metal was lower by about 0.15 per cent, while silver fell 0.16 per cent.

In the national capital, gold of 99.9 per cent and 99.5 per cent purities rose by Rs 35 each to Rs 33,095 and Rs 32,925 per 10 gram, respectively.

In the past two Read More – Source