Gold prices gain ₹30 to ₹32,850 per 10 gm, silver slides

Traders said despite weak overseas trends, gold prices saw an upward movement due to rise in domestic demand.

April 02, 2019 09:07 pm | Updated 09:07 pm IST - New Delhi

Gold prices on Tuesday rose by ₹30 to ₹32,850 per 10 gram in New Delhi on the back of demand from jewellers, according to the All India Sarafa Association.

Silver, however, declined by ₹180 to ₹38,400 per kg on reduced offtake by industrial units and coin makers.

Traders said despite weak overseas trends, gold prices saw an upward movement due to rise in domestic demand.

In the international market, gold was trading lower at $1,287.02 an ounce and silver at $15.06 an ounce in New York.

In the national capital, gold of 99.9% purity rose by ₹30 to ₹32,850 per 10 grams while gold of 99.5% purity increased by ₹50 to ₹32,700 per 10 grams.

Sovereign gold, however, remained unchanged at ₹26,400 per eight gram.

Silver ready fell by ₹180 to ₹38,400 per kg and weekly-based delivery held almost steady at ₹37,448 per kg.

Silver coins were unchanged at ₹80,000 for buying and ₹81,000 for selling of 100 pieces.

0 / 0
Sign in to unlock member-only benefits!
  • Access 10 free stories every month
  • Save stories to read later
  • Access to comment on every story
  • Sign-up/manage your newsletter subscriptions with a single click
  • Get notified by email for early access to discounts & offers on our products
Sign in

Comments

Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.

We have migrated to a new commenting platform. If you are already a registered user of The Hindu and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.