Rediffmail Money rediffGURUS BusinessEmail

Gold, silver rise on global cues

June 06, 2014
Source:PTI

Gold prices rose by Rs 70 to Rs 27,250 per ten gram in the national capital on Friday on increased buying by stockists, taking positive cues from the global markets.

Silver prices also spurted by Rs 500 to Rs 41,000 per kg on increased offtake by industrial units and coin makers.

Traders said increased buying by stockists in line with a firm global trend, as investors awaited the US jobs report and the impact on the monetary stimulus, mainly boosted the sentiment.

Gold in Singapore, which normally sets price trend on the domestic front, traded at $1,255.86 an ounce from $1,253.63 on Thursday. Silver also moved up by 0.4 per cent to $19.12 an ounce.

In Delhi, gold of 99.9 and 99.5 per cent purity moved up by Rs 70 each to Rs 27,250 and Rs 27,050 per ten gram, respectively; while sovereign remained flat at Rs 24,400 per piece of 8 gram in limited deals.

In line with a general firm trend, silver ready rose by Rs 500 to Rs 41,000 per kg and weekly-based delivery by Rs 475 to Rs 40,275 per kg.

On the other hand, silver coins continued to be enquired at last level of Rs 75,000 for buying and Rs 76,000 for selling of 100 pieces in restricted deals.

Source: PTI
© Copyright 2026 PTI. All rights reserved. Republication or redistribution of PTI content, including by framing or similar means, is expressly prohibited without the prior written consent.

More News Coverage

DelhiSingaporeUS

RELATED STORIES

WEB STORIES

Why A Swimming Workout Is So Beneficial: 8 Reasons

10 Of Bombay's Oldest Restaurants

Indian Towns With A European Vibe

VIDEOS

NEWS BUSINESS MOVIES CRICKET SPORTS GET AHEAD REDIFF-TV REDIFF ASTRO MOBILE RECHARGE BILL PAYMENTS