Gold Silver Reports (GSR) – Gold Extends Gains on Jeweller Buying, Positive Global Cues – In the national capital, gold of 99.9% and 99.5% purity added ₹15 each to ₹31,600 and ₹31,450 per ten gram, respectively………..It had gained ₹15 yesterday. Sovereign gold, however, remained unaltered at ₹24,800 per piece of 8 gram.
Silver ready recovered by ₹250 to ₹41,000 per kg and weekly-based delivery strengthened by ₹200…………. to………… ₹39,795 per kg. Silver coins, however, continued to be traded at previous levels of ₹76,000 for buying and ₹77,000 for selling of 100 pieces.
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Rising for the second straight day, gold prices advanced by ₹15 to ₹31,600 per ten gram in Delhi……..
…..Bullion market on Saturday largely in sync with a firming trend overseas amid sustained buying by local jewellers.
Marketmen said apart from a firm trend overseas as weaker dollar raised demand for the ……………precious metal, sustained buying by local jewellers at domestic spot market kept gold prices higher.
Globally, gold rose 0.16%…….. at………… $1,268.90 an ounce and silver by 0.89% at $16.43 an ounce in Singapore…….. Neal Bhai Reports INDIA.