INSUBCONTINENT EXCLUSIVE:
Sovereign gold, however, remained flat at Rs 24,500 per piece of eight grams.New Delhi: Gold prices edged up by Rs 10 to Rs 31,350 per 10
grams at the bullion market on Saturday, extending its rising streak for the third straight day, tracking a firm trend overseas amid
continued buying by local jewellers, reported news agency Press Trust of India
Silver also hardened by Rs 50 to Rs 38,350 per kg backed on increased offtake by industrial units
Traders said apart from a firm trend overseas, steady inflow of buying by local jewellers to meet the ongoing festive season demand at the
Globally, gold ticked higher on Friday despite a stronger dollar, as investors worried about an escalation in the US-China trade dispute
after fresh threats by US President Donald Trump, though bullion was still headed for its fifth straight monthly decline, reported
Reuters.Spot gold gained 0.1 per cent at $1,200.70 per ounce by 1734 GMT for a rise of about 4 per cent from the 19-month low of $1,159.96
In Delhi, gold of 99.9 per cent and 99.5 per cent purity edged up by Rs 10 each to Rs 31,350 and Rs 31,200 per 10 grams, respectively
But, silver coins remained flat at Rs 73,000 for buying and Rs 74,000 for selling of 100 pieces.(With agency inputs)
