Gold is trading at Rs 26,690 per 10 grams New Delhi: Gold prices on January 20, zoomed Rs 340 to trade at over two-month high at Rs 26,690 per 10 grams amid increased buying by jewellers to meet wedding season demand and a firm trend overseas.5 per cent purity spurted by Rs 340 each to Rs 26,690 and Rs 26,540 per ten grams respectively, a level last seen on November 3. Besides, increased buying by jewellers and retailers to meet ongoing wedding season demand fuelled the uptrend, they said.
Gold is trading at Rs 26,690 per 10 gramsRepresentational Image.7 per cent to USD 1,095. Tracking gold, silver ready also surged by Rs 400 to Rs 34,400 per kg and weekly-based delivery by Rs 315 to Rs 34,360 per kg. Gold in Singapore, which mostly determines the price trend in the domestic market, advanced 0. Silver also shot up by Rs 400 to Rs 34,400 per kg on increased offtake by industrial units and coin makers. In the national capital, gold of 99. On the other hand, silver coins held steady at Rs 49,000 for buying and Rs 50,000 for selling of 100 pieces.
Sovereign gold followed suit and edged higher by Rs 100 to Rs 22,400 per piece of eight grams. Moreover, a weaker rupee that breached the 68-mark for the first time since September 4, 2013, to trade at 68.07, by plunging 42 paise against the dollar, supported the precious metals as it would make imports costlier.07 an ounce.9 and 99. Bullion traders said sentiments China High Purity Titanium Particles manufacturers turned bullish after gold rallied towards USD 1,100 an ounce in global markets as equities dropped and investor holdings climbed to the highest level in two months. The yellow metal had lost Rs 200 in the previous two days.end-ofLocation: India, Delhi, New Delhi.
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