Gold prices today soared by Rs. 575 to Rs. 31,625 per Ten Gram

New Delhi – Snapping its two-day fall, gold prices today soared by Rs. 575 to Rs. 31,625 per ten gram on fresh buying by stockists at current lower levels for the ongoing marriage season amid a firming global trend. Silver prices also shot up by Rs. 790 to Rs. 45,790 per kg on increased offtake by jewellery fabricators and industrial units. Traders said fresh buying by stockists at existing lower levels after the recent fall to meet the ongoing marriage season demand mainly pushed up the bullion prices. They said a firming global trend as the dollar weakened and lower prices spurred demand in China, the second-largest consumer, further fuelled... more »

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