Zee Media Bureau/Ajeet Kumar
Gold prices gained by Rs 51 to Rs 29,183 per ten grams in futures trade Thursday as market participants enlarged their positions in tandem with a firming trend overseas.Read more on Gold 2014 Outlook
At the Multi Commodity Exchange (MCX), gold for delivery in April edged higher by Rs 51 to Rs 29,183 per ten grams.
Similarly, silver for delivery in March moved up by Rs 37 to Rs 44,876 per Kg.
Gold in overseas markets, which normally set price trend on the domestic front, remained near its 3-month high today.
Spot gold last quoted up USD 2.20 or 0.17 percent at USD 1,295 after moving in range of USD 1,285.60 - 1,296.40 per ounce.Read more on Commodity Market 2014 Outlook
Meanwhile, gold prices spurted by Rs 180 to Rs 30,980 per ten grams at Delhi bullion market on brisk buying by stockists and retailers for the ongoing marriage season amid a firming global trend.
Silver surged by Rs 800 to Rs 46,000 per kg on increased offtake by jewellery fabricators and coin makers.
In Mumbai, gold of 99.9 and 99.5 percent purity rebounded by Rs 170 and Rs 190 to Rs 30,650 and Rs 30,520 per ten grams, respectively. Silver jumped by Rs 1,050 to Rs 46,800 per kg.Delhi
Gold of 99.9 and 99.5 percent purity surged by Rs 180 each to Rs 30,980 and Rs 30,780 per ten grams, respectively. Sovereign rose by Rs 100 to Rs 25,400 per piece of eight grams.
In a similar fashion, silver ready shot up by Rs 800 to Rs 46,000 per kg and weekly-based delivery by Rs 755 to Rs 45,515 per kg.
Silver coins too spurted by Rs 1,000 to Rs 87,000 for buying and Rs 88,000 for selling of 100 pieces. International markets
Spot gold last quoted up USD 2.20 or 0.17 percent at USD 1,295 after moving in range of USD 1,285.60 - 1,296.40 per ounce.Here are the city wise gold and silver rates:
(Gold rates per 10 gm/Silver rates per Kg)Mumbai
GOLD: Rs 30,650 (+170) / SILVER: Rs 46,800 (+1,050)Delhi
GOLD: Rs 30,980 (+180) / SILVER: Rs 46,000 (+800)Chennai
GOLD: Rs 30,590/ SILVER: Rs 46,830Kolkata
GOLD: Rs 30,425/ SILVER: Rs 45,850Bangalore
GOLD: Rs 30,649/ SILVER: Rs 45,600Hyderabad
GOLD: Rs 30,450 / SILVER: Rs 45,800
First Published: Thursday, February 13, 2014, 19:57