New Delhi: Gold prices surged for the 7th straight day, moving up by Rs 30 to hit nine-month high of Rs 27,700 per 10 grams at the bullion market today, tracking a firm trend overseas and buying by jewellers to meet the wedding season demand.
- Silver held steady at Rs 35,800 per kg in limited deals.
- Globally, gold climbed 1.57 percent to USD 1,173.50 an ounce and silver by 1.08 percent to USD 15.01 an ounce in New York in yesterday's trade.
- In the national capital, gold of 99.9 and 99.5 percent purity edged up by Rs 30 each to Rs 27,700 and Rs 27,550 per ten grams respectively, a level last seen on May 19 2015.
- The precious metal had gained Rs 620 in the previous six days.
- Sovereign, however held steady at Rs 22,600 per piece of eight grams.
- On the other hand, silver ready held unchanged at Rs 35,800 per kg, while weekly-based delivery weakened by Rs 20 to Rs 35,805 per kg.
- Meanwhile, silver coins continued to be traded at last level of Rs 52,000 for buying and Rs 53,000 for selling of 100 pieces.
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