Surging for the second day, gold prices shot up by Rs. 225 to Rs.
30,350 per 10 grams - their highest since May 10, 2014 - at the bullion
market on Saturday May 07,2016, tracking a firming trend overseas and helped by
jewellers' buying to meet wedding season demand.
Persistent buying by jewellers, an offshoot of ongoing wedding season demand, fuelled the uptrend
Gold in New York, which mostly determines the price trend in the Indian market, climbed 0.79 per cent to $1,287.70 an ounce and silver by 0.75 per cent to $17.44 an ounce in Friday's trade.
Persistent buying by jewellers, an offshoot of ongoing wedding season demand, fuelled the uptrend
Gold in New York, which mostly determines the price trend in the Indian market, climbed 0.79 per cent to $1,287.70 an ounce and silver by 0.75 per cent to $17.44 an ounce in Friday's trade.
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