Left Menu
Development News Edition

Gold prices reach Rs. 33,750 per 10 gram after Rs. 100 rise after a firm trend overseas

Gold prices reach Rs. 33,750 per 10 gram after Rs. 100 rise after a firm trend overseas
Image Credit: Wikimedia Commons

Extending its gains, gold prices Tuesday rose by Rs 100 to Rs 33,750 per 10 gram at the bullion market here, tracking a firm trend overseas, according to All India Sarafa Association. Silver prices also followed suit and gained Rs 100 to Rs 41,000 per kg on increased offtake by industrial units and coin makers.

Traders said, gold hovering at USD 1,300 an ounce in the overseas market aided sentiments and led to increase in the prices of the yellow metal. Besides, the escalation of Sino-US trade tensions ahead of its trade talks, led to safe haven buying, they added. Globally, gold rose to USD 1,304.81 an ounce and silver traded higher at USD 15.79 an ounce in New York. On Monday, gold prices had advanced by Rs 350.

In the national capital, gold of 99.9 percent and 99.5 percent purities climbed Rs 100 each to Rs 33,750 and Rs 33,600 per 10 gram, respectively. However, sovereign gold, held steady at Rs 25,700 per piece of eight gram. Silver ready rose by Rs 100 to Rs 41,000 per kg and weekly-based delivery by Rs 83 to Rs 40,073 per kg. On the other side, silver coins continued to be traded at previous level of Rs 78,000 for buying and Rs 79,000 for selling of 100 pieces.

(With inputs from agencies.)

Download The Devdiscourse News App for Latest News.



Beware! Maximum cyber criminals eye your personal data

A report of the World Economic Forum revealed that cyber security is increasingly becoming an issue of public security as the majority of cyber criminals are increasingly targetting individual internet users. This requires preventive measur...

WEF 2020: Trump seems politically correct in pulling out from Paris Agreement

If the survey of the World Economic Forum WEF is believed, Trump seems to enjoy the confidence of his people in flaying climate intuitions and climate activists. His preference for economic development over environmental protection not only...

From home to healthcare, here are Robotic innovations transforming lives

Lovot is equipped with more than 50 sensors such as thermography, microphone array, obstacle detection, and touch sensor to generate motion and emotions in real-time....

Translating words to deeds: Achieving gender parity in access to financial resources

... ...


Latest News

Netanyahu says proposed Palestinian capital will be in Abu Dis

Israeli Prime Minister Benjamin Netanyahu said on Tuesday that a U.S. peace plan envisages the proposed Palestinian capital be located in Abu Dis, a neighborhood on the outskirts of Jerusalem.After U.S. President Donald Trump presented his ...

Renault says will reopen Wuhan plant with partner Dongfeng on Feb. 10

Renault will resume production at the factory it runs with Dongfeng Group in Wuhan, Hubei province and the epicentre of the outbreak of a new flu-like virus, on Feb. 10, a spokeswoman for the French carmaker said on Tuesday.The reopening of...

FACTBOX-Trump impeachment: What happens next?

Lawyers defending U.S. President Donald Trump in his Senate impeachment trial wrap up their presentation on Tuesday.Here is what to look out for next TUESDAY The presidents team says it will wrap up its presentations on Tuesday afternoon. ...

U.S. backs program to help Venezuelan migrants settle in Brazil

The U.S. Agency for International Development USAID and the U.N. International Organization for Migration IOM launched a program on Tuesday to help tens of thousands of Venezuelan migrants settle for the long-term in Brazil. USAID officials...

Give Feedback