INSUBCONTINENT EXCLUSIVE:
Sovereign gold too rose by Rs 100 to Rs 25,500 per piece of eight grams.Gold prices on Thursday rose by Rs 110 per grams to advance gaining
streak for fourth straight day at bullion market, reported news agency Press Trust of India (PTI)
The climb in prices came on increased demand from local jewellers, said PTI quoting All India Sarafa Association
Silver, however, declined by Rs 300 to Rs 40,200 per kg on subdued demand from industrial units and coin makers
Gold of 99.9 per cent and 99.5 per cent purities advanced by Rs 110 each to Rs 33,300 per 10 grams and Rs 33,150 per 10 grams,
Sovereign gold too rose by Rs 100 to Rs 25,500 per piece of eight grams
Gloablly, gold held firm, up 0.1 per cent at $1,294.04 per ounce in intraday trade, supported by weakness in stock markets due to concern
over China's economic outlook and possible US tariffs on European cars, reported news agency Reuters
US gold futures were unchanged at $1,293.70.4
Silver coins, however, held flat at Rs 77,000 for buying and Rs 78,000 for selling of 100 pieces.(With agency inputs)
