INSUBCONTINENT EXCLUSIVE:
Sovereign gold, however, held steady at Rs 26,400 per piece of eight grams.Gold prices surged by Rs 170 to Rs 33,220 per 10 gram at the
bullion market on Monday reported news agency Press Trust of India (PTI) quoting the All India Sarafa Association
The prices increased on buying by local jewellers amid a firm global trend
Silver, however, remained weak and fell by another Rs 70 to Rs 39,200 per kg due to decreased offtake by industrial units and coin makers
Sentiment turned upbeat on the back of a pick-up in buying support from local jewellers and retailers amid positive global cues as US
recession fears boosted appeal for the bullion as safe-haven asset, said the report citing traders.Here are 5 things to know about gold,
Globally, gold prices rose on Monday as investors' appetite for riskier assets faded on concerns about a potential US recession and
Spot gold gained 0.3 percent to $1,316.40 per ounce in intraday trade, while US gold futures also added 0.3 per cent to $1,316.50 an ounce.3
In Delhi, gold of 99.9 per cent and 99.5 per cent purities rose by Rs 170 each to Rs 33,220 and Rs 33,050 per 10 grams, respectively
On the other hand, silver ready slipped by Rs 70 to Rs 39,200 per kg and weekly-based delivery by Rs 8 to Rs 38,364 per kg
agency inputs)Get the latest election news, live updates and election schedule for Lok Sabha Elections 2019 on
TheIndianSubcontinent.com/elections
Like us on Facebook or follow us on Twitter and Instagram for updates from each of the 543 parliamentary seats for the 2019 Indian general
