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Gold prices climbed by Rs. 250 to close at Rs. 32,350 per 10 grams

A firm trend overseas, where gold spurted on safe-haven buying, boosted the yellow metal’s prices, traders said.

GOLD & SILVER PRICES: A firm trend overseas, where gold spurted on safe-haven buying, boosted the yellow metal’s prices, traders said.

Gold prices climbed by Rs. 250 today to close at Rs. 32,350 per 10 grams at the bullion market, reported . A firm trend overseas, where gold spurted on safe-haven buying, boosted the yellow metal’s prices, traders were quoted as saying.

Silver rates gained Rs. 800 to close at Rs. 38,500 per kg on higher demand from industrial units and coin makers. On Friday, gold prices slipped by Rs. 20 to close at Rs. 32,100 per 10 gram while gained Rs. 75 to close at Rs. 37,700 per kg.

Know about gold prices, silver rates Today:

  1. In the national capital, gold of 99.9 per cent and 99.5 per cent purities rose by Rs. 250 each to close at Rs. 32,350 and Rs. 32,200 per 10 grams, respectively.Sovereign gold moved up by Rs. 100 to Rs. 25,000 per piece of 8 grams.
  2. Globally, gold, which is considered a safe investment during times of financial, economic and geopolitical uncertainty, surged to $1,247.46 an ounce in New York and silver also went up to $14.62 an ounce amid a strengthening dollar. Gold has recovered about 7 per cent from 19-month lows hit in mid-August, according to a report.
  3. Silver ready rose by Rs. 800 to Rs. 38,500 per kg, while weekly-based delivery gained Rs. 1094 to Rs. 38,300 per kg on Saturday.
  4. Silver coins rose to Rs. 74,000 for buying and Rs. 75,000 for selling of 100 pieces.

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Gold prices climbed by Rs. 250 to close at Rs. 32,350 per 10 grams
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