Gold Steady on Scattered Support, Silver Cracks

Posted By:
Subscribe to GoodReturns
For Quick Alerts
Subscribe Now  
For Quick Alerts
ALLOW NOTIFICATIONS  
For Daily Alerts

    New Delhi, May 11 (PTI) Gold prices ruled steady at Rs 27,250 per 10 grams in restricted activity at the bullion market today on scattered buying support from jewellers even as the precious metal softened overseas.

    However, silver stayed off-colour due to absence of necessary follow-up support from industrial units, which fell Rs 100 to Rs 37,800 per kg.

    Gold Steady on Scattered Support, Silver Cracks

    Globally, gold was trading 0.18 per cent down at USD 1,185.40 an ounce in London.

    In the national capital, gold of 99.9 per cent and 99.5 per cent purity held steady at Rs 27,250 and Rs 27,100 per 10 grams, respectively. Sovereign followed suit and stayed unchanged at Rs 23,700 per piece of 8 grams.

    On the other hand, silver ready traded lower by Rs 100 at Rs 37,800 per kg, but weekly-based delivery inched up by Rs 5 to Rs 37,940 per kg.

    Silver coins, however, continued to be traded at last level of Rs 56,000 for buying and Rs 57,000 for selling for 100 pieces.

    PTI

    Read more about: gold silver
    Story first published: Monday, May 11, 2015, 16:14 [IST]
    Company Search
    Enter the first few characters of the company's name or the NSE symbol or BSE code and click 'Go'

    Find IFSC

    Get Latest News alerts from Goodreturns

    We use cookies to ensure that we give you the best experience on our website. This includes cookies from third party social media websites and ad networks. Such third party cookies may track your use on Goodreturns sites for better rendering. Our partners use cookies to ensure we show you advertising that is relevant to you. If you continue without changing your settings, we'll assume that you are happy to receive all cookies on Goodreturns website. However, you can change your cookie settings at any time. Learn more