Gold Prices Rise By Rs 90 On Strong Global Cues: 5 Things To Know

INSUBCONTINENT EXCLUSIVE:
On Friday, gold prices had increased by Rs 330.Gold prices advanced by Rs 90 to Rs 34,590 per ten gram at the bullion market on Saturday,
tracking a firm trend overseas amid increased buying by local jewellers, reported news agency Press Trust of India (PTI) quoting the All
India Sarafa Association
rates:1
In the national capital, gold of 99.9 per cent and 99.5 per cent purities surged by Rs 90 each to Rs 34,590 and Rs 34,440 per ten grams,
Firm trend overseas and sustained buying by local jewellers and retailers to meet ongoing wedding season demand led to the recovery in gold
prices, traders were quoted as saying in the PTI report.3
Globally, gold spot ended the week at $1,328.90 an ounce and silver at $16 an ounce in New York
Silver ready bounced Rs 140 to Rs 41,500 per kg and weekly-based delivery rose by Rs 110 to Rs 40,268 per kg