Gold Silver Reports (GSR) – Gold rates held steady on Tuesday, hovering near a three-month high hit in the previous session, as global slowdown worries driven by trade conflicts amid expectations of a US interestrate cut stoked investors towards the safe haven bullion.
Sovereign gold, however, held steady at Rs. 26,700 per eight grams.
Spot gold was down 0.1 per cent at $1,323.81 per ounce, in intradaytrade, after touching its highest since February 27 at $1,327.90 in the previous session. US gold futures were steady at $1,328.30 an ounce.
Meanwhile, silver ready rose Rs. 250 to Rs. 37,750 per kg, while weekly-based delivery advanced Rs. 162 to Rs. 36,626 per kg. On the other hand, silver-coins held flat at Rs. 80,000 for buying and Rs. 81,000 for selling of 100 pieces.
In Delhi, gold of 99.9 per cent and 99.5 per cent purity surged by Rs. 175 each to Rs. 33,370 per 10 grams and Rs. 33,200 per 10 grams, respectively. On Monday, gold had gained by Rs. 75 to Rs. 33,195 per 10 grams.
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Extending its gains for 2nd consecutive-day, gold prices on Tuesday surged Rs. 175 to Rs. 33,370 per 10 grams, reported news agency Press Trust of India (PTI) quoting the All India Sarafa Association.
gold silver prices also gained Rs. 250 to 37,750 per kg on more offtake by industrial units and coin makers. The rise in gold prices came due to a pick-up in demand from local jewellers and retailers in the domestic market, said the PTI report quoting traders. – Neal Bhai Reports
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अंतर्राष्ट्रीय बाजार में सोने में भी तेजी नजर आ रही है और कोमेक्स पर सोना 0.14 फीसदी की मजबूती के साथ 1335.50 डॉलर पर कारोबार कर रहा है। वहीं चांदी में भी मजबूती दिखाई दे रही है और कोमेक्स पर चांदी 0.13 फीसदी की तेजी के साथ 15 डॉलर के आस-पास कारोबार कर रही है।