Gold costs gain Rs 35 to Rs 33,095 for every 10 gram

New Delhi, Mar 28 Gold prices gained Rs 35 to Rs 33,095 for every 10 gram Thursday, breaking its two-day fall, on account of increased domestic demand, shrugging off a weak global trend, according to the All India Sarafa Association.

Silver, in any case, dropped Rs 270 to Rs 38,850 for every kg in the midst of lower request from industrial units and coin makers.

Bullion traders attributed the bounce back in gold costs to rise in domestic demand but a weak trend in the international market restricted the gains.

Globally, gold was trading at USD 1,310.78 an ounce and silver at USD 15.32 an ounce in New York. The yellow metal was lower by about 0.15 percent, while silver fell 0.16 percent.

In the national capital, gold of 99.9 percent and 99.5 percent purities rose by Rs 35 each to Rs 33,095 and Rs 32,925 for every 10 gram, individually.

In the past two days, gold costs had fallen by Rs 160.

Sovereign gold, however, remained unaltered at Rs 26,400 per piece of eight gram.

The price of silver ready went lower by Rs 270 to Rs 38,850 for each kg and week after week based delivery fell by Rs 281 to Rs 38,002 for every kg.

Silver coins remained unchanged at Rs 80,000 for buying and Rs 81,000 for selling of 100 pieces.



 

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