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Trading sentiment turned better, as retailers increased their stocks for the marriage season, amid firming global trends as Europe's debt crisis spurred demand for the precious metal from investors.
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Updated : Mar 30, 2018, 03:53 AM IST
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Gold broke its five-days losing streak today in the national capital and rose by Rs10 to Rs20,700 per 10 grams on mild-buying by retailers, amid firm trends in global markets.
Trading sentiment turned better, as retailers increased their stocks for the marriage season, amid firming global trends as Europe's debt crisis spurred demand for the precious metal from investors.
Gold of 99.9 and 99.5% purity recovered by Rs10 each to Rs20,700 and Rs20,580 per 10 grams, respectively. It had lost Rs130 each in the last four trading sessions. However, sovereign, remained steady at Rs16,750 per piece of eight gram on restricted buying support.
Gold in global markets rose by $4.90 to $1,384.40 an ounce.
On the other hand, silver ready held its steady ground at Rs44,900 per kg, while weekly-based delivery rose marginally by Rs5 to Rs44,420 per kg.
Silver coins continued to be ask around previous level of Rs49,400 for buying and Rs49,500 for selling of 100 pieces.
