Global support of Gold and Silver


Gold costs rose more at the domestic bullion market here nowadays on sustained shopping for from stockists and jewelry manufacturers amid optimistic overseas sentiment.

Silver conjointly reinforced thanks to higher speculative additionally as industrial demand.

Standard Gold of ninety nine.5 per cent purity spiked by Rs one hundred fifty five to end at Rs thirty,645 per ten grams from Monday\'s closing level of Rs thirty,490.

 Pure gold of ninety nine.9 per cent purity conjointly went up by Rs one hundred sixty to shut at Rs thirty,785 per ten grams, as compared to Rs thirty,625.

Silver prepared (.999 fineness) firmed up by Rs 220 per weight unit to conclude at Rs fifty eight,040 from Rs fifty seven,820 yesterday.

On the world front, gold witnessed a year-end rally on the rear of discount searching amid optimism over a doable USA business deal, extending its twelfth straight year of gains.

Gold for Gregorian calendar month delivery shot up by $19.90 to settle at $1,675.80 an oz on the Comex division of the NYMEX late yesterday.

March silver contract gained by twenty five cents to $30.23 an oz.

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