INSUBCONTINENT EXCLUSIVE:
Gold, silver prices today: The precious metal had gained Rs 170 on Monday.Gold prices edged up by Rs 180 to Rs 30,600 per 10 gram at the
bullion market on Tuesday, reported news agency Press Trust of India (PTI)
More buying by local jewellers amid festive cheer coupled with firm global cues rose gold prices today
On the other hand, silver prices today gained Rs 50 to Rs 38,150 per kg on increased offtake by industrial units and coin makers
According to traders, the upswing was a result of a firm global trend where gold rose on a weaker US dollar, after US President Donald Trump
rose 0.33 per cent to $1,194 an ounce and silver by 0.31 per cent to $14.78 an ounce in Singapore
Gold is highly sensitive to rising US rates as it increases the opportunity cost of holding non-yielding metal while boosting the dollar.2
In the national capital, gold of 99.9 per cent and 99.5 per cent purity climbed Rs 180 each to Rs 30,600 and Rs 30,450 per 10 gram,
Sovereign remained flat at Rs 24,400 per piece of eight gram today.4
Silver coins continued to be traded at previous level of Rs 72,000 for buying and Rs 73,000 for selling of 100 pieces
