Traders said increased buying by jewellers and retailers to meet the wedding season demand mainly kept gold prices higher for the third straight day.

  • Globally, gold was 0.7 percent lower at USD 1,117.64 an ounce in Singapore.
  • In the national capital, gold of 99.9 and 99.5 percent purity edged higher by Rs 5 each to Rs 27,135 and Rs 26,985 per ten grams respectively. The precious metal had rallied by Rs 520 in the past two days.
  • Sovereign, however, held steady at Rs 22,500 per piece of eight grams.
  • Silver declined by Rs 60 to Rs 35,200 per kg.
  • On the other hand, silver ready traded lower by Rs 60 to Rs 35,200 per kg and weekly-based delivery by Rs 150 to Rs 35,120 per kg.
  • Silver coins held steady at Rs 51,000 for buying and Rs 52,000 for selling of 100 pieces.

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