INSUBCONTINENT EXCLUSIVE:
India is the world's second-biggest consumer of gold.
Gold prices on Monday again touched the
all-time high mark of Rs 38,470 per 10 grams in Delhi, news agency Press Trust of India (PTI) reported
The yellow metal advanced by Rs 50 on fresh buying from jewellers amid positive global trend
On Thursday, gold had hit a record high price of Rs 38,470 per 10 grams in the national capital
However, prices of silver plunged by Rs 1,150 to Rs 43,000 per kilogram
The fall came on reduced offtake by industrial units and coin makers
Here are key things to know about gold and silver prices today:The rise in local demand, along with positive global trend,
mainly led to the upward movement in gold prices, the PTI report quoted analysts as saying.Globally, gold edged up on Monday, to hold above
the psychological $1,500 level, as investors demand for safe-haven bullion increased on concerns over slowing global economic growth as the
trade war between Washington and Beijing drags on, reported news agency Reuters.Spot gold was up 0.5 per cent at $1,503.66 per ounce in
intraday trade, while US gold futures were also up 0.5 per cent at $1,515.70 an ounce
economies.In the national capital, gold of 99.9 per cent and 99.5 per cent purity gained Rs 50 to Rs 38,470 and Rs 38,300 per 10 grams,
90 to Rs 38,420 per 10 gramsMeanwhile, silver ready fell by Rs 1,150 to Rs 43,000 per kg on Monday, while weekly-based delivery held steady
second-biggest consumer of gold.Get Breaking news, live coverage, and Latest News from India and around the world on
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