INSUBCONTINENT EXCLUSIVE:
Sovereign however ruled flat at Rs 24,500 per piece of eight gram.Gold overcame a sluggish global trend by surging Rs 200 to trade at Rs
31,550 per 10 gram on Monday on increased buying by local jewellers, reported news agency Press Trust of India
Furthermore, a depreciating rupee which plunged to a fresh record low of 72.67 against the dollar, making imports costlier, fuelled the
key things to know about gold, silver prices today:1
Globally, gold fell for a second straight session on Monday as expectations of an interest rate hike by the US Federal Reserve in September
and fears of an escalation in US-China trade tensions kept the dollar firm, reported Reuters
Spot gold was down 0.2 per cent at $1,193.15 in the early-day trade, having declined 0.4 per cent in the previous session.US gold futures
fell 0.2 per cent to $1,198.60 an ounce.2
In Delhi, gold of 99.9 per cent and 99.5 per cent purity bounced Rs 200 each to Rs 31,550 and Rs 31,400 per 10 gram, respectively
Silver coins however continued to be traded at the previous level of Rs 72,000 for buying and Rs 73,000 for selling of 100 pieces.(With
