Gold Prices Rise To Over One-Month High: 5 Things To Know

INSUBCONTINENT EXCLUSIVE:
Globally, gold fell 0.07 per cent to $1,204.40 an ounce in Singapore.Gold prices gained Rs 100 to hit the Rs 31,000-mark today, reported
news agency Press Trust of India (PTI)
Gold prices traded at over one month high today due to persistent buying by local jewellers amid festive buzz, even as the metal weakened
overseas
Silver prices also advanced by Rs 50 to Rs 38,300 per kg due to increased offtake by industrial units and coin makers
In the national capital, gold of 99.9 and 99.5 per cent purity climbed Rs 100 each to Rs 31,000 and Rs 30,750 per 10 gram, respectively, a
level last seen on July 17, said PTI.Here are 5 things to know about gold prices, silver rates today:1
According to traders, increased buying by local jewellers to meet festive season demand at domestic spot market mainly kept gold prices
Globally, gold fell 0.07 per cent to $1,204.40 an ounce in Singapore
Gold inched lower as US dollar recovered slightly, but losses were curbed by short-covering after the metal gained nearly 2 per cent in the
last session amid market perception of a dovish stance on interest rates by the US Federal Reserve.3
Following gold, silver ready strengthened by Rs 50 to Rs 38,300 per kg and weekly-based delivery by Rs 150 to Rs 37,150 per kg