Zee Media Bureau
New Delhi: After completing four days of gains, gold prices spurted here by Rs 400 on Thursday to regain the psychological level of Rs 28,000 per ten grams on sustained seasonal buying amid a firming global trend.
Silver also recovered by Rs 500 to Rs 45,500 per kg on increased offtake by industrial units and coin makers.
Traders said buying activity picked up as gold climbed to the highest level since April 15 in overseas markets, as rising central bank and physical purchases countered tumbling assets in exchange-traded products.Here are the closing rates of gold and silver in Delhi bullion market:
(Gold per 10 grams/ Silver per Kg)
Gold 24 carat (99.9): Rs 28,000; Change: + Rs 400
Gold 24 carat (99.5): Rs 27,800; Change: + Rs 400
Gold Sovereign (per piece of 8 grams): Rs 24,350; Change: + Rs 250
Silver ready: Rs 45,500; Change: + Rs 500
Silver weekly-based delivery: Rs 43,310; Change: + Rs 660
Silver coins/ per 100 pieces (Buying): Rs 76,000; Change: + Rs 1,000
Silver coins/ per 100 pieces (Selling): Rs 77,000; Change: + Rs 1,000
With PTI Inputs
First Published: Thursday, April 25, 2013, 16:36