INSUBCONTINENT EXCLUSIVE:
Sovereign, however, remained unaltered at Rs 24,700 per piece of eight grams in scattered dealsGold prices recovered by Rs 40 to Rs 30,780
per 10 grams at the bullion market on Saturday, taking positive leads from global market amid fresh buying by local jewellers, reported news
agency Press Trust of India
Silver also recovered by Rs 25 to Rs 39,225 per kg on increased offtake by industrial units and coin makers
Marketmen said firm global cues where gold inched up as the US dollar slid lower after strong US economic growth data while concerns remain
Globally, gold rose by 0.07 per cent to $1,223.20 an ounce and silver by 0.75 per cent to $15.47 an ounce in New York in yesterday's trade
In the national capital, gold of 99.9 per cent and 99.5 per cent purity bounced back by Rs 40 each to Rs 30,780 and Rs 30,630 per 10 grams,
On the other hand, silver coins continued to be traded at previous level of Rs 74,000 for buying and Rs 75,000 for selling of 100 pieces.
